Geopolitical Risks’ Spillovers Across Countries and on Commodity Markets: A Dynamic Analysis
We investigate the transmission of geopolitical risks between G7-BRICS countries and commodity futures prices. We find geopolitical instability after the outbreak of the Russia-Ukraine conflict. In a context where the G7 countries geopolitically influence the BRICS and vice versa, the United States, Germany, India, and Russia emerge as the predominant sources of spillovers. The commodity futures prices most influenced by geopolitical risks are those relating to energy.
Authors
- Marco Tedeschi (ORCID: https://orcid.org/0000-0001-5857-8284)
- Giulio Palomba (ORCID: https://orcid.org/0000-0003-0093-237X)
Institutions
- Marche Polytechnic University (IT)
Publication Details
- Journal
- Energy RESEARCH LETTERS
- Published
- 2024-09-02
- DOI
- https://doi.org/10.46557/001c.121262
- Citations
- 1
- Primary Topic
- Market Dynamics and Volatility
- Type
- article
- Field-Weighted Citation Impact
- 1.13