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  • 标题:Testing the Cointegration of Oil Prices and Energy Sector Equity Indices
  • 本地全文:下载
  • 作者:Alecsandru-Oancia Constantin ; Bogdan Cernat-Gruici
  • 期刊名称:Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
  • 印刷版ISSN:2284-8576
  • 电子版ISSN:2247-8582
  • 出版年度:2010
  • 期号:4
  • 页码:75-82
  • 出版社:Petroleum-Gas University of Ploiesti
  • 摘要:The aim of the present paper is to study the relationship between international oil prices and international energy sector in the context of the current economic crisis. The research methodology consists in co-integration tests performed on daily data frequency for two of the most important spot oil prices used as a benchmark in oil pricing, mainly the West Texas Intermediate (WTI) and the Europe Brent and for theAll Country World Energy Index, an MSCI index, that tracks the performance of the energy sector
  • 关键词:spot oil price; international capital markets; cointegration
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