The Impacts of Crude Oil Market Structure on Stock Market Growth: Evidence from Asian Countries

The purpose of this paper is to investigate the impact crude oil market structure on stock volatility in Asian countries period 2008–2017. We integrate network analysis with SGMM estimation technique achieve research objective. Network was conducted 43 countries, while markets performed a sample 19 countries. results show that has positive growth stronger export capacity it negatively affected larger importing In addition, market’s greater central position market. study will be useful for reducing undesirable