OPEC and Non-OPEC Oil Production and the Global Economy [PDF]
AbstractHamilton identifies 1973 to 1996 as “the age of OPEC” and 1997 to the present as “a new industrial age.” During 1974–1996 growth in non-OPEC oil production Granger causes growth in OPEC oil production. OPEC oil production decreases significantly with positive shocks to non-OPEC oil production in the earlier period, but does not do so in the ...
Ratti, Ronald A. (R13437) +1 more
openaire +4 more sources
On the Comovement of Contango and Backwardation Across Futures Commodity Markets
ABSTRACT We examine the time‐varying nature of the comovement of the slope of the futures curve in major agricultural, metals and energy commodity futures markets in a Global Vector Autoregressive model. We find significant comovement between the slopes, indicating the co‐existence of backwardation and contango in many seemingly unrelated commodity ...
Angelo Luisi +2 more
wiley +1 more source
Why Do Hedgers Hedge? The Role of Ambiguity
ABSTRACT This paper investigates whether ambiguity influences hedging behavior in commodity futures markets. Using high‐frequency crude oil futures data, distinct measures of risk and ambiguity are linked to weekly hedging positions from the Commodity Futures Trading Commission (CFTC).
Fiona Höllmann
wiley +1 more source
What Explains International Interest Rate Co‐Movement?
ABSTRACT The international co‐movement of interest rates reflects correlated business‐cycle fluctuations, largely driven by demand shocks. Monetary policy in advanced economies follows domestic mandates—inflation and the output gap—and does not respond to foreign policy shocks.
Annika Camehl, Gregor von Schweinitz
wiley +1 more source
Oregon Parenting Education Collaborative: Helping Parents Raise Children Who Thrive [PDF]
This report summarizes the work of the Oregon Parenting Education Collaborative during its first five years, 2010-2015. OPEC is a multi-year initiative led by The Oregon Community Foundation, The Ford Family Foundation and Oregon State University ...
Bill Graves
core
The impact of Terrorist attacks in selected countries on OPEC Basket Price Using Panel Data Model
This study aims to explore the relationship between terrorist attacks and OPEC Basket prices in the selected countries (Afghanistan, Iraq, and Nigeria).
Mardin Mahsum Faraj +1 more
doaj +1 more source
Pass‐Through of Cocoa Prices Along the Supply Chain: What's Left for Farmers in Côte d'Ivoire?
ABSTRACT Most cocoa farmers in Côte d'Ivoire are trapped in a cycle of poverty and farming practices that degrade the environment. This paper aims to provide an in‐depth understanding of the price formation process for cocoa at each stage of the supply chain in the world's largest cocoa‐producing country.
Kathrin Kaestner +2 more
wiley +1 more source
Unconventional Oil Resources (shale) and the OPEC trends [PDF]
This article examines the role of unconventional oil resources on the internal structure and decisions taken by OPEC. The way members of OPEC are interacting shows that new shale oil resources influence the mutual behavior and decision making of the OPEC.
behrooz namdari, Kayhan Barzegar
doaj +1 more source
Power Transition and Pragmatic Adaptation: Iran's Strategic Approach to China, Russia and the GCC
ABSTRACT This study examines how Iranian strategic thinkers conceptualise the country's ‘Look East’ policy (i.e., relations with China and Russia) and the GCC states. Using thematic qualitative content analysis of approximately 70 documents from Iranian state official, advisory and academic institutions (2015–2025), it reveals that Iran's eastward ...
Sara Bazoobandi
wiley +1 more source
The Survey on the Synchronized Business Cycles of the OPEC Member Countries [PDF]
The present article assesses the existence of synchronization among the OPEC members’ business cycles. For the purposes of assessing system of simultaneous equations a "central model” due to Helbling and Brodo in the study of synchronization of business ...
Bita Shayegani +2 more
doaj

