Authors: Nidhi Choudhary; Girish Nair; Harsh Purohit
Addresses: Faculty of Management Studies, WISDOM, Banasthali Vidyapith, Rajasthan, India ' International Hospitality Management, Stenden University, Doha, Qatar ' Faculty of Management Studies, WISDOM, Banasthali Vidyapith, Rajasthan, India
Abstract: The existing literature indicates that there have been numerous studies which have been done on causal dynamics of crude oil prices in India. However, these studies have failed to take into consideration the structural break in the statistics or the property of non-linearity. The present study is an important step in this direction. It seeks to bridge this research gap.
Keywords: crude oil; structural break; non-linear data; causal dynamics; India.
International Journal of Global Energy Issues, 2017 Vol.40 No.6, pp.360 - 379
Accepted: 22 Jul 2017
Published online: 30 Jan 2018 *