"The rise of green energy metal: Could lithium threaten the status of o" by Chi Wei Su, Xuefeng Shao et al.
Exploring the connectedness and time-varying attributes of conventional and new energy markets is crucial to the green-oriented transition of energy. This investigation performs bootstrap full-and sub-sample techniques to explore the correlation between the oil and lithium markets, and further probe whether lithium could threaten the status of oil. The empirical outcomes reveal that oil price (OP) exerts positive influences on lithium price (LP). High OP increases the lithium demand and its price through taking new energy vehicles as substitutes for conventional automobiles, indicating that li...
Source: uow.edu.au