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An analysis of OPEC oil production reaction to non-OPEC oil supply

Author

Listed:
  • Khalid Kisswani

    (GUST - Gulf University for Science and Technology)

  • Amine Lahiani

    (LEO - Laboratoire d'Économie d'Orleans [2022-...] - UO - Université d'Orléans - UT - Université de Tours - UCA - Université Clermont Auvergne, ESSCA Research Lab - ESSCA - ESSCA – École supérieure des sciences commerciales d'Angers = ESSCA Business School)

  • Salma Mefteh-Wali

    (SUSU - South Ural State University)

Abstract

This paper examines the impact of non-OPEC oil supply on OPEC oil production level at different quantiles of the OPEC production empirical distribution. It employs the Quantile Autoregressive Distributed Lags (QARDL) model that allows to probe simultaneously short-term connections and long-run cointegrating relationships across a range of quantiles. The analysis is undertaken using monthly data from January 1993 to March 2020.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Khalid Kisswani & Amine Lahiani & Salma Mefteh-Wali, 2022. "An analysis of OPEC oil production reaction to non-OPEC oil supply," Post-Print hal-03810092, HAL.
    • Handle: RePEc:hal:journl:hal-03810092
    DOI: 10.1016/j.resourpol.2022.102653
    Note: View the original document on HAL open archive server: https://univ-orleans.hal.science/hal-03810092v1
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    JEL classification:

    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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