Replication data for: Alternative Energy Stock Performance

In 2007, Irene Henriques and Perry Sadorsky wrote "Oil prices and the stock prices of alternative energy companies," a paper examining the relative importance of oil prices and technology stock performance when determining the performance of alternative energy companies. Using a vector autoregression model, they showed that oil prices were not all-powerful when determining alternative energy performance, and indeed, technology appeared to be considerably more important. We have extended the Henriques/Sadorsky model to include a breakdown of various types of alternative energy companies to show that while certain types of alternative energy companies do indeed follow this model of more compelling reactions to technology stock performance than oil price, certain types of alternative energy companies defy the aggregate pattern that Henriques and Sadorsky discovered.