Price Volatility Spillovers in Energy Supply Chains: Empirical Evidence from China

Based on the theoretical framework of Multivariate Stochastic Volatility (MSV), this paper combines the Dynamic Generalized Correlation (DGC) model with the t-distribution, establishes the DGC-t-MSV model, and employs the Markov Chain Monte Carlo (MCMC) algorithm based on the Bayesian principle for...

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Bibliographic Details
Main Authors: Lei Wang, Yu Sun, Jining Wang
Format: Article
Language:English
Published: MDPI AG 2025-06-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/18/12/3204
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