LEADER 03345nam 22005535 450 001 9910337674403321 005 20200703091240.0 010 $a3-030-11494-5 024 7 $a10.1007/978-3-030-11494-7 035 $a(CKB)4100000007881320 035 $a(MiAaPQ)EBC5788922 035 $a(DE-He213)978-3-030-11494-7 035 $a(EXLCZ)994100000007881320 100 $a20190410d2019 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aWorld Market Price of Oil $eImpacting Factors and Forecasting /$fby Adalat Muradov, Yadulla Hasanli, Nazim Hajiyev 205 $a1st ed. 2019. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2019. 215 $a1 online resource (194 pages) 225 1 $aSpringerBriefs in Economics,$x2191-5504 311 $a3-030-11493-7 327 $aIntroduction -- Chapter 1: Theoretical-Methodological Principles of the Problem -- Chapter 2: Creating Econometric Models: Evaluation and Analysis -- Chapter 3: Forecasting The Oil Prices in the World Market. 330 $aThis book develops new econometric models to analyze and forecast the world market price of oil. The authors construct ARIMA and Trend models to forecast oil prices, taking into consideration outside factors such as political turmoil and solar activity on the price of oil. Incorporating historical and contemporary market trends, the authors are able to make medium and long-term forecasting results. In the first chapter, the authors perform a broad spectrum analysis of the theoretical and methodological challenges of oil price forecasting. In the second chapter, the authors build and test the econometric models needed for the forecasts. The final chapter of the text brings together the conclusions they reached through applying the models to their research. This book will be useful to students in economics, particularly those in upper-level courses on forecasting and econometrics as well as to politicians and policy makers in oil-producing countries, oil importing countries, and relevant international organizations. 410 0$aSpringerBriefs in Economics,$x2191-5504 606 $aNatural resources 606 $aDevelopment economics 606 $aEconomic development 606 $aNatural Resource and Energy Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W48010 606 $aDevelopment Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W42000 606 $aEconomic Growth$3https://scigraph.springernature.com/ontologies/product-market-codes/W44000 615 0$aNatural resources. 615 0$aDevelopment economics. 615 0$aEconomic development. 615 14$aNatural Resource and Energy Economics. 615 24$aDevelopment Economics. 615 24$aEconomic Growth. 676 $a338.232820112 676 $a333.8232 700 $aMuradov$b Adalat$4aut$4http://id.loc.gov/vocabulary/relators/aut$0985829 702 $aHasanli$b Yadulla$4aut$4http://id.loc.gov/vocabulary/relators/aut 702 $aHajiyev$b Nazim$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910337674403321 996 $aWorld Market Price of Oil$92253316 997 $aUNINA