EconPapers    
Economics at your fingertips  
 

An Analysis of Oil Production by OPEC Countries: Persistence, Breaks, and Outliers

Carlos Barros, Luis Gil-Alana () and James Payne ()

No 01/11, Faculty Working Papers from School of Economics and Business Administration, University of Navarra

Abstract: This study examines the degree of persistence, potential breaks and outliers of oil production for OPEC member countries within a fractional integration modelling framework using monthly data from January 1973 to October 2008. The results indicate there is mean reverting persistence in oil production with breaks identified in ten out of the fourteen countries examined. Thus, shocks affecting the structure of OPEC oil production will have persistent effects in the long run for all countries, and in some cases the effects are expected to be permanent.

Pages: 34 pages
Date: 2011-01-18
New Economics Papers: this item is included in nep-cwa and nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (42) Track citations by RSS feed

Downloads: (external link)
http://www.unav.edu/documents/10174/6546776/1298996884_WP_UNAV_01_11.pdf (application/pdf)

Related works:
Journal Article: An analysis of oil production by OPEC countries: Persistence, breaks, and outliers (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:una:unccee:wp0111

Access Statistics for this paper

More papers in Faculty Working Papers from School of Economics and Business Administration, University of Navarra
Bibliographic data for series maintained by ().

 
Page updated 2022-07-01
Handle: RePEc:una:unccee:wp0111