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The Asymmetric Impact of Oil Prices and Production on Drilling Rig Trajectory: A correction

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  • Ewing, Bradley T.
  • Payne, James E.
  • Caporin, Massimilano

Abstract

•This paper provides a correction to a coding error in a previously published paper.•The study utilizes linear and nonlinear ARDL bounds testing to examine relationships between the type of drilling rig, real oil prices, and oil production.•The results illustrate the importance of drilling rig trajectory in the operations of oil producing firms.

Suggested Citation

  • Ewing, Bradley T. & Payne, James E. & Caporin, Massimilano, 2022. "The Asymmetric Impact of Oil Prices and Production on Drilling Rig Trajectory: A correction," Resources Policy, Elsevier, vol. 79(C).
    • Handle: RePEc:eee:jrpoli:v:79:y:2022:i:c:s0301420722004950
    DOI: 10.1016/j.resourpol.2022.103052
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    JEL classification:

    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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