The impact of the shale gas revolution on the U.S. and Japanese natural gas markets

Wakamatsu, Hidefumi; Aruga, Kentaka

doi:10.1016/j.enpol.2013.07.122

Cited by 68 publications

(30 citation statements)

References 14 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…4 Its scope ranges from the energy sector e e.g. Aruga (2016) and Wakamatsu and Aruga (2013) use the BP method to identify the break data related to the shale gas revolution and Noguera (2013) in oil prices; sports e e.g. Groothuis, Rotthoff, and Strazicich (2015) use time-series tests with structural breaks in Major Baseball performance; legal studies e e.g.…”

Section: Bai and Perron's Multiple Structural Break Approachmentioning

confidence: 99%

Structural breaks in international tourism demand: Are they caused by crises or disasters?

2017

View full text Add to dashboard Cite

h i g h l i g h t sWe study the number and date of structural breaks in international tourism demand. We use Bai and Perron (1998) structural break test for 25 countries and Madeira. We fill a gap in the literature regarding the ex-post detection of tourism crisis. We compare the date of tourism crises to the dating of these structural breaks. We observe those tourism crises are largely consistent with the dates of breaks. a b s t r a c tIt is recognised that the tourism industry is vulnerable to some form of crises or disaster. However, despite the attention given to the nature and consequences of tourism crises and disasters, there is a gap in the literature regarding the ex-post detection of these events. In this article, we estimate both the number and date of structural breaks in international tourism arrival series for 25 countries and Madeira Island using the Bai and Perron (1998) structural break test. We compare the date of tourism crises and disasters to the dating of these structural breaks. We observe that tourism crises and disasters are largely consistent with the dates of breaks. Therefore, this method allows us to solve a gap in the tourism industry related to the correct allocation of negative shocks in international tourism arrival demand to crisis or disaster phenomena.

show abstract

Section: Bai and Perron's Multiple Structural Break Approachmentioning

confidence: 99%

Structural breaks in international tourism demand: Are they caused by crises or disasters?

2017

View full text Add to dashboard Cite

show abstract

“…β 2 and β 3 indicate price and income elasticities. We integrated structural-break dummies into the model above based on Ben Sita et al [9,17]. The equation can be expressed as:…”

Section: Methodsmentioning

confidence: 99%

A demand analysis for the Japanese cod markets with unknown structural changes

Wakamatsu

Miyata

2015

Fish Sci

Self Cite

View full text Add to dashboard Cite

“…More specifically, we focus on the impact of natural gas on economic growth as in Apergis and Payne [17], although we use a model-based approach. In similar work, Wakamatsu and Aruga [18] consider how shale gas impacts natural gas markets, while Logan et al [19] focus on how shale may influence the U.S. power sector. However, none of these papers consider the potential global economic impacts of U.S. natural gas exports.…”

Section: Literature Reviewmentioning

confidence: 97%