This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.
Asyraf, W.M. (2014), Improving energy conservation using six sigma methodology at faculty of computer and mathematical sciences (FSKM), universiti teknologi mara (UiTM), SHAH ALAM, Asian Journal of Economic Modelling Vol. 2, No. 1, pp. 52–68.AsyrafW.M.2014Improving energy conservation using six sigma methodology at faculty of computer and mathematical sciences (FSKM), universiti teknologi mara (UiTM), SHAH ALAM21526810.18488/journal.8.2014.22.52.68Search in Google Scholar
Awe, O.O. (2012), On pairwise Granger causality modelling and econometric analysis of selected economic indicators, pp. 1–17, retrieved fromhttp:interstat.statjournals.net/YEAR/2012/articles/1208002.pdfAweO.O.2012117retrieved fromhttp:interstat.statjournals.net/YEAR/2012/articles/1208002.pdfSearch in Google Scholar
Balcilar, M., van Eyden, R., Uwilingiye, J., Gupta, R. (2017), The impact of oil price on South African GDP growth: a Bayesian Markov switching-VAR analysis, African Development Review Vol. 29, No. 2, pp. 319–336.BalcilarM.van EydenR.UwilingiyeJ.GuptaR.2017The impact of oil price on South African GDP growth: a Bayesian Markov switching-VAR analysis29231933610.1111/1467-8268.12259Search in Google Scholar
Bayat, T., Tas, S., Tasar, I. (2017), Energy consumption is a determinant of economic growth in BRICS countries or not? Asian Economic and Financial Review Vol. 7, No. 8, pp. 823–835.BayatT.TasS.TasarI.2017Energy consumption is a determinant of economic growth in BRICS countries or not?7882383510.18488/journal.aefr.2017.78.823.835Search in Google Scholar
Bayraktar, Y., Taha, E., Yildiz, F. (2016), A causal relationship between oil prices current account deficit, and economic growth: an empirical analysis from fragile five countries, Ecoforum Journal Vol. 5, No. 3.BayraktarY.TahaE.YildizF.2016A causal relationship between oil prices current account deficit, and economic growth: an empirical analysis from fragile five countries53Search in Google Scholar
Behmiri, N.B., Manso, J.R.P. (2013), How crude oil consumption impacts on economic growth of Sub-Saharan Africa? Energy Vol. 54, pp. 74–83.BehmiriN.B.MansoJ.R.P.2013How crude oil consumption impacts on economic growth of Sub-Saharan Africa?54748310.1016/j.energy.2013.02.052Search in Google Scholar
Benedictow, A., Fjærtoft, D., Løfsnæs, O. (2013), Oil dependency of the Russian economy: an econometric analysis, Economic Modelling Vol. 32, pp. 400–428.BenedictowA.FjærtoftD.LøfsnæsO.2013Oil dependency of the Russian economy: an econometric analysis3240042810.1016/j.econmod.2013.02.016Search in Google Scholar
Campbell, D., Campbell, S. (2008), Introduction to regression and data analysis, In Stat Lab Workshop.CampbellD.CampbellS.2008Search in Google Scholar
Chang, Y., Jha, K., Fernandez, K.M., Jam’an, N.F. (2011), Oil price fluctuations and macroeconomic performances in Asian and oceanic economies, Redefining the Energy Economy: Changing Roles, Industry, Government and Research pp. 1–47.ChangY.JhaK.FernandezK.M.Jam’anN.F.2011Oil price fluctuations and macroeconomic performances in Asian and oceanic economies147Search in Google Scholar
Du, L., Yanan, H., Wei, C. (2010), The relationship between oil price shocks and China’s macro-economy: an empirical analysis, Energy Policy Vol. 38, No. 8, pp. 4142–4151.DuL.YananH.WeiC.2010The relationship between oil price shocks and China’s macro-economy: an empirical analysis3884142415110.1016/j.enpol.2010.03.042Search in Google Scholar
Emadi, S.E., Nezhad, H. (2011), Energy market for Caspian Sea oil and its supply, Scientific Journal of International Black Sea University Vol. 5, No. 2, p. 21.EmadiS.E.NezhadH.2011Energy market for Caspian Sea oil and its supply5221Search in Google Scholar
Ftiti, Z., Guesmi, K., Teulon, F., Chouachi, S. (2016), Relationship between crude oil prices and economic growth in selected OPEC countries, Journal of Applied Business Research Vol. 32, No. 1, p. 11.FtitiZ.GuesmiK.TeulonF.ChouachiS.2016Relationship between crude oil prices and economic growth in selected OPEC countries3211110.19030/jabr.v32i1.9483Search in Google Scholar
Gelb, B.A. (2005), Caspian oil and gas: production and prospects Library of Congress Washington DC Congressional Research Service, Washington DC.GelbB.A.2005Library of Congress Washington DC Congressional Research ServiceWashington DCSearch in Google Scholar
Granger, C.W., Newbold, P. (1974), Spurious regressions in econometrics, Journal of Econometrics Vol. 2, No. 2, pp. 111–120.GrangerC.W.NewboldP.1974Spurious regressions in econometrics2211112010.1016/0304-4076(74)90034-7Search in Google Scholar
Hanabusa, K. (2009), Causality relationship between the price of oil and economic growth in Japan, Energy Policy Vol. 37, No. 5, pp. 1953–1957.HanabusaK.2009Causality relationship between the price of oil and economic growth in Japan3751953195710.1016/j.enpol.2009.02.007Search in Google Scholar
Hasan, M.Z. (2017), Transmission of international energy price shocks to Australian stock market and its implications for portfolio formation, Asian Economic and Financial Review Vol. 7, No. 4, p. 393.HasanM.Z.2017Transmission of international energy price shocks to Australian stock market and its implications for portfolio formation7439310.18488/journal.aefr/2017.7.4/102.4.393.412Search in Google Scholar
Hazarika, I. (2016), An analytical study on the impact of recent oil price plunge on highly oil dependent economies and oil exporting countries, International Journal of Trade, Economics and Finance Vol. 7, No. 5, p. 202.HazarikaI.20167520210.18178/ijtef.2016.7.5.523Search in Google Scholar
Idrisov, G., Kazakova, M., Polbin, A. (2015), A theoretical interpretation of the oil prices impact on economic growth in contemporary Russia, Russian Journal of Economics Vol. 1, No. 3, pp. 257–272.IdrisovG.KazakovaM.PolbinA.2015A theoretical interpretation of the oil prices impact on economic growth in contemporary Russia1325727210.1016/j.ruje.2015.12.004Search in Google Scholar
International Energy Agency. (2016), Key world energy statistics International Energy Agency, Paris.InternationalEnergy Agency.2016International Energy AgencyParisSearch in Google Scholar
Jalil, N.A., Ghani, G.M., Duasa, J. (2009), Oil prices and the Malaysia economy, International Review of Business Research Papers Vol. 5, No. 4, pp. 232–256.JalilN.A.GhaniG.M.DuasaJ.2009Oil prices and the Malaysia economy54232256Search in Google Scholar
Jiménez-Rodríguez, R., Sánchez, M. (2005), Oil price shocks and real GDP growth: empirical evidence for some OECD countries, Applied economics Vol. 37, No. 2, pp. 201–228.Jiménez-RodríguezR.SánchezM.2005Oil price shocks and real GDP growth: empirical evidence for some OECD countries37220122810.1080/0003684042000281561Search in Google Scholar
Jonson, L. (2001), The new geopolitical situation in the Caspian region, The security of the Caspian Sea region.JonsonL.2001The security of the Caspian Sea regionSearch in Google Scholar
Kaufmann, R.K., Cleveland, C.J. (2001), Oil production in the lower 48 states: economic, geological, and institutional determinants, The Energy Journal Vol. 22, No. 1, pp. 27–49.KaufmannR.K.ClevelandC.J.2001Oil production in the lower 48 states: economic, geological, and institutional determinants221274910.5547/ISSN0195-6574-EJ-Vol22-No1-2Search in Google Scholar
Kiani, B., Pourfakhraei, M.A. (2010), A system dynamic model for production and consumption policy in Iran oil and gas sector, Energy Policy Vol. 38, No. 12, pp. 7764–7774.KianiB.PourfakhraeiM.A.2010A system dynamic model for production and consumption policy in Iran oil and gas sector38127764777410.1016/j.enpol.2010.08.036Search in Google Scholar
Kwok, Y.K., Zhang, Y. (2006), Impacts of external oil supply shocks on the Chinese economy, in: Emerging China: Internal Challenges and Global Implications: ACESA 2006 Program, Papers and Presentations ACESA.KwokY.K.ZhangY.2006Impacts of external oil supply shocks on the Chinese economyACESASearch in Google Scholar
Parvin Hosseini, S.M., Tang, C.F. (2014), The effects of oil and non-oil exports on economic growth: a case study of the Iranian economy, Eskonomska istraživanja Vol. 27, No. 1, pp. 427–441.Parvin HosseiniS.M.TangC.F.2014The effects of oil and non-oil exports on economic growth: a case study of the Iranian economy27142744110.1080/1331677X.2014.967534Search in Google Scholar
Peach, J., Starbuck, C.M. (2011), Oil and gas production and economic growth in New Mexico, Journal of Economic Issues Vol. 45, No. 2, pp. 511–526.PeachJ.StarbuckC.M.2011Oil and gas production and economic growth in New Mexico45251152610.2753/JEI0021-3624450228Search in Google Scholar
Pohlmann, J. T., & Leitner, D. W. (2003). A comparison of ordinary least squares and logistic regression. Ohio Journal of Science 103(5), 118-125.PohlmannJ. T.LeitnerD. W.2003A comparison of ordinary least squares and logistic regression1035118125Search in Google Scholar
Raheem, I. (2016), Analysis of the effects of oil and non-oil export on economic growth in Nigeria.RaheemI.2016Search in Google Scholar
Rahman, M. (2004), Oil and gas: the engine of the world economy, OPEC Speeches 2004 1, Vienna, Austria, 10–11 November 2004.RahmanM.2004Oil and gas: the engine of the world economy1, Vienna, Austria, 10–11 November 2004Search in Google Scholar
Reynolds, D.B., Kolodziej, M. (2008), Former Soviet Union oil production and GDP decline: Granger causality and the multi-cycle Hubbert curve, Energy Economics Vol. 30, No. 2, pp. 271–289.ReynoldsD.B.KolodziejM.2008Former Soviet Union oil production and GDP decline: Granger causality and the multi-cycle Hubbert curve30227128910.1016/j.eneco.2006.05.021Search in Google Scholar
Sama, M.C., Tah, N.R. (2016), The effect of energy consumption on economic growth in Cameroon, Asian Economic and Financial Review Vol. 6, No. 9, pp. 510.SamaM.C.TahN.R.2016The effect of energy consumption on economic growth in Cameroon6951010.18488/journal.aefr/2016.6.9/102.9.510.521Search in Google Scholar
Shahbaz, M., Lean, H.H., Farooq, A. (2013), Natural gas consumption and economic growth in Pakistan, Renewable and Sustainable Energy Reviews Vol. 18, pp. 87–94.ShahbazM.LeanH.H.FarooqA.2013Natural gas consumption and economic growth in Pakistan18879410.1016/j.rser.2012.09.029Search in Google Scholar
Stock, J. H., & Watson, M. W. (1989). A simple MLE of cointegrating vectors in higher order integrated systems.StockJ. H.WatsonM. W.198910.3386/t0083Search in Google Scholar
Tamba, J.G. (2017), Crude oil production and economic growth: evidence from Cameroon, Energy Sources, Part B: Economics, Planning, and Policy Vol. 12, No. 3, pp. 275–281.TambaJ.G.2017Crude oil production and economic growth: evidence from Cameroon12327528110.1080/15567249.2015.1101511Search in Google Scholar
Trench, C.J., Miesner, T.O. (2006), The role of energy pipelines and research in the United States, Pipeline Research Council International Inc., USA, May 2006.TrenchC.J.MiesnerT.O.2006Pipeline Research Council International IncUSAMay 2006Search in Google Scholar
Umar, G., Kilishi, A.A. (2010), Oil price shocks and the Nigeria economy: a variance autoregressive (VAR) model, International Journal of Business and Management Vol. 5, No. 8, pp. 39.UmarG.KilishiA.A.2010Oil price shocks and the Nigeria economy: a variance autoregressive (VAR) model583910.5539/ijbm.v5n8p39Search in Google Scholar
Weber, J.G. (2012), The effects of a natural gas boom on employment and income in Colorado, Texas, and Wyoming, Energy Economics Vol. 34, No. 5, pp. 1580–1588.WeberJ.G.2012The effects of a natural gas boom on employment and income in Colorado, Texas, and Wyoming3451580158810.1016/j.eneco.2011.11.013Search in Google Scholar
Zarra-Nezhad, M., Raoofi, A., Akbarzdeh, M.H. (2016), The existence of long memory property in OPEC oil prices, Asian Journal of Economic Modelling Vol. 4, No. 3, pp. 142–152.Zarra-NezhadM.RaoofiA.AkbarzdehM.H.2016The existence of long memory property in OPEC oil prices4314215210.18488/journal.8/2016.4.3/8.3.142.152Search in Google Scholar