Recently developed structural models of the global crude oil market imply that the surge in the real price of oil between mid-2003 and mid-2008 was driven by repeated positive shocks to the demand for all industrial commodities, reflecting unexpectedly high growth mainly in emerging Asia. This note evaluates this proposition using an alternative data source and a different econometric methodology. Rather than inferring demand shocks from an econometric model, we utilize a direct measure of global demand shocks based on revisions of professional real GDP growth forecasts. We show that recent forecast surprises were associated primarily with unexpected growth in emerging economies (and to a lesser extent in Japan), that markets were repeatedly surprised by the strength of this growth, that these surprises were associated with a hump-shaped response of the real price of oil that reaches its peak after 12 to 16 months, and that news about global growth predict much of the surge in the real price of oil from mid-2003 until mid-2008 and much of its subsequent decline.

Did Unexpectedly Strong Economic Growth Cause the Oil Price Shock of 2003-2008?; Parenting Styles and Financial Security: How are children impacted?

Spatializing energy justice

If the local government determines amendments to its comprehensive plan are necessary to reflect changes in state requirements, the local government shall prepare and transmit within 1 year such plan amendment or amendments for state review. Local governments are also encouraged to comprehensively evaluate and, as necessary, update comprehensive plans to reflect changes in local conditions. If a local government fails to comply it may not amend its comprehensive plan until such time as it complies.

http://cosweb.ci.shoreline.wa.us/uploads/attachments/pds/pc/2009/0709/TCMemo.pdf

TO: Planning Commission

Ethnic diversity, energy poverty and the mediating role of trust: Evidence from household panel data for Australia

A multidimensional measure of energy poverty in China and its impacts on health: An empirical study based on the China family panel studies

Assessing the extent and intensity of energy poverty using Multidimensional Energy Poverty Index: Empirical evidence from households in India

Energy poverty and economic development: Household-level evidence from India

Implications of energy subsidy reform in India

https://isiarticles.com/bundles/Article/pre/pdf/42121.pdf

Effects of energy price rise on investment: Firm level evidence from Indian manufacturing sector

An attempt is made in this paper to examine whether stock returns in two premier two exchanges in India namely, Bombay Stock Exchange (BSE), and National Stock Exchange (NSE) follow a random walk. Towards this end, data on major indices during the period 1997 to 2009 are analyzed by using non-parametric Runs and BDS tests. The findings of the study reveal that the stock returns do not follow random walk during the sample period.

/pdf/on-the-random-walk-characteristics-of-stock-returns-in-india-4zc8sdwk4j.pdf

Anver C. Sadath

Papers

Assessing the extent and intensity of energy poverty using Multidimensional Energy Poverty Index: Empirical evidence from households in India

Energy poverty and economic development: Household-level evidence from India

Implications of energy subsidy reform in India

Effects of energy price rise on investment: Firm level evidence from Indian manufacturing sector

On the random walk characteristics of stock returns in India