Abstract In the study, the short-term causality relationship between oil and natural gas prices, which are the main energy sources, and the XTRZM index was analysed with the Granger causality test. The DCC-GARCH model was used. Analyses were carried out over the monthly closing values between 02.01.1997 and 01.12.2022. According to the Granger causality test findings, the reason for both Brent oil and Crude Oil WTI in the XTRZM index is that Brent oil is the cause of Crude Oil WTI. It has been concluded that natural gas, Brent oil, and crude oil are not the causes of the XTRZM index and each other. Because Brent oil and crude oil are not included in the WTI XTRZM index, it has been determined that there is unidirectional Granger causality from the XTRZM index to Brent oil and crude oil WTI. According to the findings obtained from the DCC-GARCH model, there is a positive correlation between natural gas, Brent oil, crude oil, and the BIST tourism index. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-07-09 How to Cite Muradzada, I., & Akbulev, N. (2023). Empirical Analysis of the Relationship between Basic Energy Sources and the Tourism Sector Index. International Journal of Energy Economics and Policy, 13(4), 513–521. https://doi.org/10.32479/ijeep.14127 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 4 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Teymur Sarkhanov, Imangulu Muradzada, The Place of Gulf Basin Energy Resources in EU Energy Security , International Journal of Energy Economics and Policy: Vol. 13 No. 4 (2023) Make a Submission Make a Submission Dergi Kapağı
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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