The 50-year-old Oil Crisis and its Impact on the Global Economy: A Bibliometric Analysis

Authors

  • Tahmina Akther Mim VIT Business School, Vellore Institute of Technology, Vellore, Tamil Nadu, India
  • Chinnadurai Kathiravan VIT Business School, Vellore Institute of Technology, Vellore, Tamil Nadu, India
  • Balasundram Maniam Department of General Business and Finance, Sam Houston State University, Huntsville, Texas 77340, USA

DOI:

https://doi.org/10.32479/ijeep.16028

Keywords:

Crude Oil, Crisis, Financial Crisis, Stock Market, Commodity Market, Exchange Rate

Abstract

The world faced different crises, several times, in the last five decades. The COVID-19 pandemic, debt crisis and oil bubble were the most important crises among them. During the crisis, the main financial driving factor was the oil price which transmitted an alarming hit to other economic nexus factors. The objective of this paper was to find out the crisis period, caused by crude oil and its eventuality in different markets’ historical plots. Scopus data represent 605 studies, using the bibliometrix R tool, about crude oil and related crises. Within the context of the contemporary scientific literature, the most significant authors, publications, and research institutions were included in this paper. In the context of the most recent scientific literature, the most significant authors, publications, and research institutions were identified and the relevance of their contributions was established. This research employed disaggregated sectoral analysis and mechanistic analysis on grounded theory, which included moderation analysis. Finally, this bibliometric analysis tried to locate roadblocks in the current literature as well as indicate new directions for investigation.

Downloads

Download data is not yet available.

Downloads

Published

2024-07-05

How to Cite

Mim, T. A., Kathiravan, C., & Maniam, B. (2024). The 50-year-old Oil Crisis and its Impact on the Global Economy: A Bibliometric Analysis. International Journal of Energy Economics and Policy, 14(4), 81–91. https://doi.org/10.32479/ijeep.16028

Issue

Vol. 14 No. 4 (2024)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.