Nowadays, stock market is the one of the major sources of raising resources for India and is act as a key driver for economic growth of a country. The stock market forecasting is a very difficult and highly complicated task because it is affected by many factors such as economic conditions, political events and investor’s sentiment etc. The stock market series are generally dynamic, nonparametr...

This paper employs a bivaraite vector autoregressive-generalized autoregressive conditional heteroscedasticity (VAR-GARCH) model recently developed by Ling and McAleer (2003) to examine the impact of oil price fluctuations on stock market returns in the Kingdom of Saudi Arabia over the period from January 1, 2007 to December 31, 2011. The proposed model is estimated using maximum likelihood met...

This study comprises developing a more appropriate hybrid wavelet-modified GMDH model for forecasting the monthly crude palm oil (CPO) price of Malaysia. In proposed model, complex data CPO is decomposed into different sub series using discrete wavelet transform (DWT) and then it has been linked with modified model. Sigmoid, radial basis, tangent polynomial functions are selected as transfer in...

Gasoline accounts for about half the U.S. consumption of petroleum products, and its price is the most visible among these products. As such, changes in gasoline prices are always under public scrutiny. Many claim to observe an asymmetric relationship between gasoline and oil prices—specifically that gasoline prices respond more quickly when oil prices are rising than when oil prices are fallin...

The Hubbert model of crude oil production can describe several regional cases, but it is not yet generally accepted as being of validi for all cases, especially for the worldwide case of oil extraction. The present paper shows that the model is of general validity to describe cases in which a resource is depleted faster than it can be replaced, as in the case of biological resources. In some ca...

0016-2361/$ see front matter 2012 Elsevier Ltd. A http://dx.doi.org/10.1016/j.fuel.2012.03.031 ⇑ Corresponding author. Tel.: +60 16 590 3110; fax E-mail address: [email protected] (H.C. Ong). Increased biodiesel production is being proposed as one solution to the need to ease the impact of increased demand for crude oil and to reduce emissions of greenhouse gases. Despite this, biodiesel has ye...