| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 6682527 | Applied Energy | 2016 | 9 Pages |
Abstract
In order to solve this puzzle, 56 airlines were studied, relating their price returns to the price variations of West Texas Intermediate crude oil and Jet Fuel by using GARCH models. The main results show a strong positive influence of fuel price fluctuation on a daily basis. These results support the market inertia theory, confirming the paradigm that increases in oil price are signals of improving economic growth.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Werner D. Kristjanpoller, Diego Concha,