CEEP-BIT WORKING PAPER SERIES
Impacts of OPEC’s political risk on the international crude oil prices: An empirical analysis based on the SVAR models
Hao Chen
Hua Liao
Bao-Jun Tang
Yi-Ming Wei
Working Paper 96
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Center for Energy and Environmental Policy Research
Beijing Institute of Technology
No.5 Zhongguancun South Street, Haidian District
Beijing 100081
October 2016
This paper can be cited as: Chen H, Liao H, Tang B-J, Wei Y-M. 2016. Impacts of OPEC’s political risk on the international crude oil prices: An empirical analysis based on the SVAR models. CEEP-BIT Working Paper.
The authors gratefully acknowledge the financial support from the "Strategic Priority Research Program" of the Chinese Academy of Sciences (XDA05150600), and National Natural Science Foundation of China (71521002,71322306 and 71573013). The views expressed in this paper are solely authors’ own and do not necessarily reflect the views of the supporting agencies and Beijing Institute of Technology. The authors alone are responsible for any remaining deficiencies.
© 2016 by Hao Chen, Hua Liao, Bao-Jun Tang, and Yi-Ming Wei. All rights reserved.
The Center for Energy and Environmental Policy Research, Beijing Institute of Technology (CEEP-BIT), was established in 2009. CEEP-BIT conducts researches on energy economics, climate policy and environmental management to provide scientific basis for public and private decisions in strategy planning and management. CEEP-BIT serves as the platform for the international exchange in the area of energy and environmental policy.
Currently, CEEP-BIT Ranks 47, top 3% institutions in the field of Energy Economics at IDEAS(http://ideas.repec.org/top/top.ene.htm), and Ranks 52, top 3% institutions in the field of Environmental Economics at IDEAS (http://ideas.repec.org/ top/top.env.html).
Yi-Ming Wei
Director of Center for Energy and Environmental Policy Research, Beijing Institute of Technology
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