Title: Investment uncertainty due to COVID-19 on energy-efficient investing in India

Authors: Peeyush Bangur; Ruchi Bangur

Addresses: Women's Institute for Studies in Development Oriented Management (WISDOM), Banasthali Vidyapith, Banasthali, Rajasthan, India ' Women's Institute for Studies in Development Oriented Management (WISDOM), Banasthali Vidyapith, Banasthali, Rajasthan, India

Abstract: This study examined the volatility implications of energy-efficient investing in India due to COVID-19. We have been used the symmetric GARCH (p, q) model on the S&P BSE GREENEX Index returns to assess the certainty of investment related to energy-efficient practices in India. The result shows increased volatility and a large degree of persistence on the energy-efficient investing in India. Further, the COVID-19 pandemic has increased the volatility of the S&P BSE GREENEX Index by 130.155%. To the best of the author's knowledge, this is the first article where the volatility of energy-efficient investing in India has been measured.

Keywords: energy-efficient practices; investment certainty; COVID-19; GARCH (p, q) model; India.

DOI: 10.1504/IJSSOC.2023.131681

International Journal of Sustainable Society, 2023 Vol.15 No.2, pp.193 - 204

Received: 04 Jan 2022
Received in revised form: 08 Mar 2022
Accepted: 11 Aug 2022
Published online: 26 Jun 2023 *