1. Do weather patterns effect investment decisions in the stock market? A South Asian perspective.
- Author
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Chowdhury, Emon Kalyan
- Subjects
GENERALIZED method of moments ,WEATHER ,STOCK price indexes ,NATURAL disasters ,STOCK index futures ,RATE of return ,AGRICULTURAL insurance - Abstract
Do weather patterns in South Asia have an impact on investment decisions? This question is particularly relevant given the region's vulnerability to natural disasters such as floods, cyclones, and droughts. To explore this issue, we apply regression and generalized method of moments using yearly data of weather, stock indices, borrowing opportunity, economic growth, interest, and inflation rates from 1995 to 2021. Based on data availability, this study has taken Bangladesh, India, Pakistan, and Sri Lanka as sample countries. The research results indicate that weather significantly influences investment decisions and that consideration of weather factors can mitigate risk and enhance investment return. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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