Show simple item record

dc.contributor.authorGil Alana, Luis A. 
dc.contributor.authorDadgar, Yadollah
dc.contributor.authorNazari, Rouhollah
dc.date.accessioned2021-02-24T12:51:59Z
dc.date.available2021-02-24T12:51:59Z
dc.date.issued2020
dc.identifier.issn0378-4371spa
dc.identifier.urihttp://hdl.handle.net/10641/2228
dc.description.abstractThis paper deals with the analysis of the world, OPEC and non-OPEC oil production by testing the degree of persistence of the series throughout fractional integration. The analysis is relevant in the sense that it allows us to determine if shocks in the series have permanent or transitory effects. The results indicate evidence of mean reversion in the three series, especially for the world and OPEC production. We also notice evidence of multiple breaks though the degree of persistence seems to be relatively stable across the subsamples, with most of the values in the range [0.5, 1) implying non-stationary and mean reverting behavior.spa
dc.language.isoengspa
dc.publisherPhysica A: Statistical Mechanics and its Applicationsspa
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/*
dc.subjectOPECspa
dc.subjectNon-OPECspa
dc.subjectOil Productionspa
dc.subjectFractional integrationspa
dc.titleAn analysis of the OPEC and non-OPEC position in the World Oil Market: A fractionally integrated approach.spa
dc.typearticlespa
dc.description.versionpre-printspa
dc.rights.accessRightsopenAccessspa
dc.description.extent603 KBspa
dc.identifier.doi10.1016/j.physa.2019.123705spa
dc.relation.publisherversionhttps://www.sciencedirect.com/science/article/abs/pii/S037843711932062Xspa


Files in this item

FilesSizeFormatView
An analysis of opec and non-op ...602.6KbPDFView/Open

This item appears in the following Collection(s)

Show simple item record

Atribución-NoComercial-SinDerivadas 3.0 España
Except where otherwise noted, this item's license is described as Atribución-NoComercial-SinDerivadas 3.0 España