It is now widely recognized that Turkey-Azerbaijan relations have always been strong and described with the phrase "one nation with two states”. This paper is concerned with economic and political nature of Turkey-Azerbaijan relations. Initially, the evolution of Turkish- Azerbaijani relations...

The study of the petroleum price structures in Thailand reveals that diesel is the important fuel because it influences inflation and productions’ costs. Government wants to keep diesel’s price stability; meanwhile, it is less control in gasohol and petrol prices. These prices are normally...

This article assesses various risks arising within the process of building, running and decommissioning of nuclear units with the Central and Eastern Europe (CEE) where nuclear power is still perceived as a reliable and widely utilized energy source. The region is specific for its relations with...

This study aims to examine the dynamics of the relationship between world crude oil prices and Indonesian stock market within the period of January 1, 2004 to December 31, 2013. The world crude oil prices referred to the price of West Texas Intermediate crude oil, whereas the composite indexes...

The paper investigates the households’ preference for electricity service reliability. Using a contingent valuation survey; we elicit Beninese urban households’ willingness to pay (WTP) to avoid power outages. In the study respondents are asked to state their WTP for avoiding six different...

This paper employed a Generalized Autoregressive Conditional Heteroskedasticity in Mean framework to examine (i) the relationship between uncertainty and inventory management,defined as an inventory to sale (IS) ratio; and (ii) the impacts of uncertainties in ex-refinery price, oil funds, and...

This paper applies a battery of panel unit root procedures to test for convergence in per capita energy consumption among 22 African countries. Specifically, the study implements both the conventional panel unit root testing procedures and the Sequential Panel Selection Method (SPSM). The...

Using an error correction framework, this study analyzes the long- and short-run dynamics of electricity demand in Ciudad Juarez, a large metropolitan economy on Mexico’s northern border. Demand is decomposed into the total number of electricity accounts and electricity usage per customer,...

This study investigates the energy consumption-growth nexus in Algeria. The causal relationship between the logarithm of per capita energy consumption (LPCEC) and the logarithm of per capita GDP (LPCGDP) during the 1965-2008 period is examined using the threshold cointegration and Granger...

This paper seeks to evaluate the role of speculation in the determination of global energy prices. Designed as a case study, five major oil producing countries are the focus of this positivistic study: Nigeria, Mexico, Iran, Saudi Arabia and Russia. Data is collected through secondary sources....