文章基本信息

标题：Evaluating the Platinum and Natural Gas Relationship
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作者：Surendran Pillay
期刊名称：Academy of Accounting and Financial Studies Journal
印刷版ISSN：1096-3685
出版年度：2021
卷号：25
期号：5
页码：1-12
语种：English
出版社：The DreamCatchers Group, LLC
摘要：An exploratory study was conducted to investigate the relationship between the real platinum price and natural gas over 60 years in order to determine the nexus between both commodities. Both commodities have grown in economic importance over the last 50 years, both as investment and speculative assets. The study employed the GARCH and EGARCH models in determining the relationship between platinum and natural gas. The results of the testing revealed that a 10% increase in the natural gas price returns leads to a 0.17% increase in the platinum price. Furthermore, the overall volatility of platinum and natural gas price from January 1960 to October 2020 was increased.
关键词：Platinum;Natural gas;Asymmetry;GARCH