Purpose: The purpose of this study is to determine the resilience of oil intensive Romanian communities to oil price fluctuations. Design/methodology/approach: The methodology employed is based on identifying the communities with the most extensive oil extraction activities using GIS (Geographic...

The global economy is considerably dependent on fossil fuels, of which oil is by far the most important, and concerns about the impact of oil price volatility on the real economy have been recently fuelled by the positive correlation between oil and stock prices. This positive correlation might...

Is The Oil Price a Determinant of Employment in Oil Intensive Romanian Communities?Abstract: Purpose: The purpose of this study is to determine the resilience of oil intensive Romanian communities to oil price fluctuations. Design/methodology/approach: The methodology employed is based on...

The paper explores the long versus short-term attributes of the airline industry exposure to oil price risk in a macroeconomic framework that emphasizes the interconnections between various risk factors, which is the main contribution to the research in the field. A panel ARDL model and PMG...