The 2011 Tohoku earthquake

: the impact on the energy sector

Abstract

The purpose of this paper is to study the impact caused by the Tohoku 2011 earthquake, within the energy sector across the World. In order to measure results, a couple of methodologies that resorted to abnormal returns were undertaken and multiple significance tests were made to verify statistical relevancy on the findings. It has been possible to observe a positive reaction on the “Nuclear Energy” companies, as well as a negative impact on the “Renewable Energy” group, with the most prominent results coming from the second methodology. However, due to the lack of statistical significance across most of the data under study, conclusions tend to be inevitably limited.

Date of Award	2013
Original language	English
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Paulo Alves (Supervisor)