Show simple item record

dc.contributor.authorMonge Moreno, Manuel 
dc.contributor.authorCristóbal, Enrique
dc.description.abstractThis paper contributes to the discussion of the role that terrorism plays in oil production and oil prices literature by studying the dynamics of terrorist attacks and oil production in OPEC. To this purpose, we use techniques based on fractional integration, fractional cointegration VAR (FCVAR) and wavelet analysis. Monthly data related to OPEC oil production, OPEC basket crude oil prices and terrorist attacks from January 1970 to December 2018 are used. The results, using fractional integration and cointegration techniques, indicate that the time series analyzed are highly persistent and there are no long-term deviations. Finally, using wavelet analysis, we conclude that the impact of the terrorist attacks in oil production and oil prices are non-significant and has a short-term component, recovering the original trend values between 1 and 10 months after the terrorist
dc.publisherResources Policyspa
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España*
dc.subjectOil productionspa
dc.subjectOil pricesspa
dc.subjectTerrorist attacksspa
dc.subjectFractional integrationspa
dc.subjectFCVAR modelspa
dc.subjectWavelet analysisspa
dc.titleTerrorism and the behavior of oil production and prices in
dc.description.extent555 KBspa

Files in this item

1.- Terrorism.pdf554.5KbPDFView/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