Impact of oil price volatility on state-level consumption of the United States: The role of oil dependence
In this study, we analyse the impact of oil price uncertainty (as measured by an observable measure of oil price volatility, i.e. realised volatility) on United States state-level real consumption by accounting for oil dependency. We account for both the long- and short-run dynamics of the state-lev...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2021-05-01
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| Series: | Energy Exploration & Exploitation |
| Online Access: | https://doi.org/10.1177/0144598721993227 |