Template-type: ReDIF-Paper 1.0
Author-Name: Alqaralleh, Huthaifa    
Author-Email: huthaifa89@mutah.edu.jo
Author-Name: Almajali Mutah, Awon 
Author-Email: awon.almajali@mutah.edu.jo
Author-Name: Canepa, Alessandra
Author-Email: alessandra.canepa@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Navigating Energy Market Cycles: Insights from a Comprehensive Analysis.
Abstract: This study explores the complex dynamics of energy market cycles under the influence of
financial deregulation and technological advancements. Employing the extended Bry-Boschan
Quarterly (BBQ) algorithm and the Cox hazard model, it identifies market turning points, factoring in
geopolitical risks, economic conditions, and other systemic influences. The findings reveal pronounced
asymmetry in energy market expansion phases, highlighting the critical drivers of market fluctuations.
Policymakers are urged to consider these dynamics, especially as interest rate and US dollar shocks
propel market expansion, while effective management is key to mitigating associated instabilities.
Economic growth positively impacts energy prices during contraction periods, emphasizing the role of
growth-stimulating policies. The nuanced effects of Conferences of Parties (COP) meetings are
introduced as an emerging area for further research.
Length: pages 29
Creation-Date: 2024-12
File-URL: https://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2024dip/wp_22_2024.pdf
File-Format: Application/PDF
Handle: RePEc:uto:dipeco:202422