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Keywords: Elasticity
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Journal Articles
Journal:
China Finance Review International
China Finance Review International (2021) 11 (4): 502–521.
Published: 03 September 2021
... the oil inventories considered by Kilian and Murphy (2014). Another contribution is that the model used allows estimating traditional oil demand elasticity in production and oil supply elasticity in spread movements, casting doubt on existing models with perfect price-inelastic output for crude oil...
