Co-movements of Alaska North Slope and UK Brent crude oil prices
作者： Bradley T. Ewing , Cynthia Lay Harter
DOI: 10.1080/13504850050033373
关键词: Econometrics 、 Univariate 、 Multivariate statistics 、 Economics 、 Order (exchange) 、 Brent Crude 、 Crude oil 、 Financial economics 、 Convergence (economics)
摘要: In order to study the inter-relationships of international crude oil markets, empirical analyses are used investigate univariate and multivariate relationships between Alaska North Slope UK Brent prices. Using monthly data from period 1974–1996, results show that both price series follow a random walk these markets share long-run common trend. The suggest two ‘unified’. That is, they competitive, there is convergence in markets.
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