Journal article
Threshold cointegration analysis of crude oil benchmarks
The Energy journal (Cambridge, Mass.), v 29(4)
01 Jan 2008
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
The paper examines the dynamic relationship between pairs of four oil benchmark prices (i.e., West Texas Intermediate, Brent, Dubai, and Maya), which have different physical properties and locations. The results indicate that there is a long-run equilibrium relationship between different benchmarks, regardless of their properties and locations. More importantly, there is asymmetry in the adjustment process that is specifically modeled and implications are discussed.
Metrics
Details
- Title
- Threshold cointegration analysis of crude oil benchmarks
- Creators
- Shawkat M. Hammoudeh - Drexel UniversityBradley T. Ewing - Texas Tech UniversityMark A. Thompson - Hull College
- Publication Details
- The Energy journal (Cambridge, Mass.), v 29(4)
- Publisher
- Int Assoc Energy Economics
- Number of pages
- 17
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics); College of Engineering
- Web of Science ID
- WOS:000259657600004
- Scopus ID
- 2-s2.0-54349120070
- Other Identifier
- 991019174250604721
UN Sustainable Development Goals (SDGs)
This publication has contributed to the advancement of the following goals:
InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Economics
- Energy & Fuels
- Environmental Studies