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| DOI | 10.1016/j.enpol.2020.112118 |
| US partisan conflict uncertainty and oil prices | |
| Apergis N.; Hayat T.; Saeed T. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 150 |
| 英文摘要 | This empirical study significantly contributes in building emerging literature by investigating the impact of US partisan conflict uncertainty on international oil prices. It models oil prices through non-linear Quantile Autoregressive Distributed Lag (QARDL) methods in order to consider potential (non-linear) asymmetric effects of partisan political uncertainty on oil prices. The empirical results clearly document the asymmetric (non-linear) impact of partisan conflict uncertainty on international oil prices, which has been in contrast to the linear case. The findings also expose that the transmission mechanism of partisan political uncertainty to oil prices is validated through the economic growth channel. The empirical findings contribute to existing research by assisting investors in the oil industry with risk identification, analysis, and mitigation. The results can assist in discovering the links between US political risk and oil markets, determining an important element of political risk factors facing investors who want to participate in the oil industry. © 2020 Elsevier Ltd |
| 关键词 | Oil pricesQuantile ARDLUS partisan Conflict |
| 英文关键词 | Costs; Economics; Petroleum industry; Risk assessment; Asymmetric effects; Auto-regressive; Economic growths; Empirical findings; Empirical studies; Political risks; Risk Identification; Transmission mechanisms; Crude oil price; conflict management; economic growth; empirical analysis; numerical method; oil supply; political economy; price dynamics; uncertainty analysis; United States |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204994 |
| 作者单位 | University of Derby, United Kingdom; King Abdulaziz, University, Saudi Arabia; Quaid-I-Azam University, Pakistan |
| 推荐引用方式 GB/T 7714 | Apergis N.,Hayat T.,Saeed T.. US partisan conflict uncertainty and oil prices[J],2021,150. |
| APA | Apergis N.,Hayat T.,&Saeed T..(2021).US partisan conflict uncertainty and oil prices.Energy Policy,150. |
| MLA | Apergis N.,et al."US partisan conflict uncertainty and oil prices".Energy Policy 150(2021). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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