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An empirical study on the dynamic relationship between crude oil prices and Pakistan stock market

عنوان مقاله: An empirical study on the dynamic relationship between crude oil prices and Pakistan stock market
شناسه ملی مقاله: JR_SJR-5-8_002
منتشر شده در در سال 1395
مشخصات نویسندگان مقاله:

Rabia Najaf - Department of Accounting and Finance, University of Lahore, Islamabad Campus, Pakistan
Khakan Najaf - Department of Accounting and Finance, University of Lahore, Islamabad Campus, Pakistan

خلاصه مقاله:
The purpose of this paper to analysis the impact of crude oil on the stock exchange of Pakistan. For this purpose, we have taken the data from ۱۵ years and applied the Karl Pearson’s Coefficient of Correlation and taken the results that decrease the value of crude oil have negative impact on the stock exchange of Pakistan. This paper is trying to show that In all over the world oil is known as the more crucial source of energy. Oil prices are known as the biggest need of every country due to this reason prices brings effect on the performance of the country. Now the days the prices of oil as important as the gold prices. The world largest commodity market is known as the crude market. Our paper is also showing that increase in the prices of crude oil is the reason of inflation.The purpose of this paper to analysis the impact of crude oil on the stock exchange of Pakistan. For this purpose, we have taken the data from ۱۵ years and applied the Karl Pearson’s Coefficient of Correlation and taken the results that decrease the value of crude oil have negative impact on the stock exchange of Pakistan. This paper is trying to show that In all over the world oil is known as the more crucial source of energy. Oil prices are known as the biggest need of every country due to this reason prices brings effect on the performance of the country. Now the days the prices of oil as important as the gold prices. The world largest commodity market is known as the crude market. Our paper is also showing that increase in the prices of crude oil is the reason of inflation.

کلمات کلیدی:
Inflation rate, Pearson’s coefficient, Commodity, Crude oil, Crude market

صفحه اختصاصی مقاله و دریافت فایل کامل: https://civilica.com/doc/1924532/