NEW PUBLICATION: It was very interesting to explore how political tensions between China and the US impact the oil market. The originality of our approach lies in the use of a quantitative measure of political tensions. One crucial result can be expressed as follows, a structural deterioration of political relations implies a reduction of oil demand in the long run. Diplomatic efforts to fix the relationship between these two major players could be very effective, according to historical decompositions. I am deeply grateful to thank Gert Peersman for his precious help with the RATS code.
You can find the preprint version, the abstract, and the keywords in an older post:
https://www.jamelsaadaoui.com/assessing-the-impacts-of-us-china-tensions-on-the-oil-market/
Follow this link to get a free online copy (before October 17, 2022) of this article:
https://authors.elsevier.com/c/1ffZoW3fcsReg
You can quote this article as:
Yifei Cai, Valérie Mignon, Jamel Saadaoui, Not all political relation shocks are alike: Assessing the impacts of US–China tensions on the oil market, Energy Economics, Volume 114, 2022, 106199, ISSN 0140-9883, https://doi.org/10.1016/j.eneco.2022.106199.
