Persistence in silver prices and the influence of solar energy

Nicholas Apergis (), Nieves Carmona-González and Luis Gil-Alana

Resources Policy, 2020, vol. 69, issue C

Abstract: This paper deals with the analysis of silver prices and the influence of solar energy on its behaviour. For this purpose, the analysis uses long memory methods based on fractional integration and cointegration. The results indicate that the two variables are very persistent, though any long run equilibrium relationship between them is not observed. Nevertheless, the results illustrate some short-run negative effects from solar energy capacity on silver prices.

Keywords: Silver prices; Solar energy production; Persistence; Fractional integration (search for similar items in EconPapers)
JEL-codes: C22 E30 Q40 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:69:y:2020:i:c:s0301420720308886

DOI: 10.1016/j.resourpol.2020.101857

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