- PII
- S042473880000616-6-1
- DOI
- 10.7868/S0000616-6-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue №4
- Pages
- 38-55
- Abstract
- An econometric model of the dynamics of average annual oil prices with endogenous the classification of years by the saturation of the oil market with speculative capital. Parameters the models are estimated using the maximum entropy method. It is proved that during the period 1977-2007 financial factors dominated the oil price. it the influence had the opposite direction in the conditions of excess and shortage of speculative capital in the oil market.
- Keywords
- oil price, speculative capital, econometric modeling, maximum entropy method
- Date of publication
- 01.10.2010
- Year of publication
- 2010
- Number of purchasers
- 2
- Views
- 913
RAS Social ScienceЭкономика и математические методы Economics and the Mathematical Methods
- ISSN (Print) 0424-7388
- ISSN (Online) 3034-6177
THE INFLUENCE OF THE FINANCIAL MARKET ON THE PRICE OF OIL
Indexing
Scopus
Crossref
Higher Attestation Commission
At the Ministry of Education and Science of the Russian Federation
Scientific Electronic Library