Cao, Qiang; Nie, Jing; Yu, Wenmei - In: Applied economics 56 (2024) 27, pp. 3232-3246
We focus on the Chinese new energy stock market and explore the impacts of structural fossil energy price shocks and economic policy uncertainty (EPU). To this end, we synthesize the prices of three fossil energy sources, decompose the dynamics of fossil energy prices into energy supply shocks...