{"id":"https://openalex.org/W2049400504","doi":"https://doi.org/10.1016/j.physa.2014.05.023","title":"Multifractal detrended cross-correlation analysis of the oil-dependent economies: Evidence from the West Texas intermediate crude oil and the GCC stock markets","display_name":"Multifractal detrended cross-correlation analysis of the oil-dependent economies: Evidence from the West Texas intermediate crude oil and the GCC stock markets","publication_year":2014,"publication_date":"2014-05-13","ids":{"openalex":"https://openalex.org/W2049400504","doi":"https://doi.org/10.1016/j.physa.2014.05.023","mag":"2049400504"},"language":"en","primary_location":{"id":"doi:10.1016/j.physa.2014.05.023","doi":"https://doi.org/10.1016/j.physa.2014.05.023","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.physa.2014.05.023","pdf_url":null,"source":{"id":"https://openalex.org/S24688465","display_name":"Physica A Statistical Mechanics and its Applications","issn_l":"0378-4371","issn":["0378-4371","1873-2119"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-class-a","anvur-scientific","cwts-core","dongbi-b","jufo-1","ki-jl-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Physica A: Statistical Mechanics and its Applications","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5089891264","display_name":"Feng Ma","orcid":"https://orcid.org/0000-0002-6539-0965","observed_orcids":["https://orcid.org/0000-0002-6539-0965","https://orcid.org/0000-0002-8958-6620"]},"institutions":[{"id":"https://openalex.org/I4800084","display_name":"Southwest Jiaotong University","ror":"https://ror.org/00hn7w693","country_code":"CN","type":"education","lineage":["https://openalex.org/I4800084"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Feng Ma","raw_affiliation_strings":["School of Economics & Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","School of Economics and Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics & Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","institution_ids":["https://openalex.org/I4800084"]},{"raw_affiliation_string":"School of Economics and Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","institution_ids":["https://openalex.org/I4800084"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100401752","display_name":"Qian Zhang","orcid":"https://orcid.org/0009-0006-4161-3876","observed_orcids":["https://orcid.org/0009-0006-4161-3876"]},"institutions":[{"id":"https://openalex.org/I4800084","display_name":"Southwest Jiaotong University","ror":"https://ror.org/00hn7w693","country_code":"CN","type":"education","lineage":["https://openalex.org/I4800084"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Qian Zhang","raw_affiliation_strings":["School of Economics & Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","School of Economics and Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics & Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","institution_ids":["https://openalex.org/I4800084"]},{"raw_affiliation_string":"School of Economics and Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","institution_ids":["https://openalex.org/I4800084"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5045876611","display_name":"Peng Chen","orcid":"https://orcid.org/0000-0001-8223-8458","observed_orcids":["https://orcid.org/0000-0001-8223-8458"]},"institutions":[{"id":"https://openalex.org/I4800084","display_name":"Southwest Jiaotong University","ror":"https://ror.org/00hn7w693","country_code":"CN","type":"education","lineage":["https://openalex.org/I4800084"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Chen Peng","raw_affiliation_strings":["School of Economics & Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","School of Economics and Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics & Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","institution_ids":["https://openalex.org/I4800084"]},{"raw_affiliation_string":"School of Economics and Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","institution_ids":["https://openalex.org/I4800084"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5088507879","display_name":"Yu Wei","orcid":"https://orcid.org/0000-0003-3809-1449","observed_orcids":["https://orcid.org/0000-0003-3809-1449"]},"institutions":[{"id":"https://openalex.org/I4800084","display_name":"Southwest Jiaotong University","ror":"https://ror.org/00hn7w693","country_code":"CN","type":"education","lineage":["https://openalex.org/I4800084"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yu Wei","raw_affiliation_strings":["School of Economics & Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","School of Economics and Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics & Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","institution_ids":["https://openalex.org/I4800084"]},{"raw_affiliation_string":"School of Economics and Management, Southwest Jiaotong University, First Section of Northern Second Ring Road, Chengdu, Sichuan Province, China","institution_ids":["https://openalex.org/I4800084"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5089891264"],"corresponding_institution_ids":["https://openalex.org/I4800084"],"apc_list":{"value":3550,"currency":"USD","value_usd":3550},"apc_paid":null,"fwci":10.5046,"has_fulltext":false,"cited_by_count":49,"citation_normalized_percentile":{"value":0.97800087,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"410","issue":null,"first_page":"154","last_page":"166"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.8935999870300293,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.8935999870300293,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.09719999879598618,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.0015999999595806003,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/multifractal-detrended-cross-correlation-analysis","display_name":"multifractal detrended cross-correlation analysis","score":0.9290000200271606},{"id":"https://openalex.org/keywords/oil-dependent-economy","display_name":"oil-dependent economy","score":0.7229999899864197},{"id":"https://openalex.org/keywords/west-texas-intermediate-crude-oil","display_name":"West Texas Intermediate crude oil","score":0.8610000014305115},{"id":"https://openalex.org/keywords/gulf-cooperation-council-stock-markets","display_name":"Gulf Cooperation Council stock markets","score":0.9070000052452087},{"id":"https://openalex.org/keywords/multifractality","display_name":"multifractality","score":0.8619999885559082},{"id":"https://openalex.org/keywords/structural-breaks","display_name":"structural breaks","score":0.5540000200271606},{"id":"https://openalex.org/keywords/conditional-volatility","display_name":"conditional variance","score":0.796999990940094},{"id":"https://openalex.org/keywords/scaling-exponents","display_name":"scaling exponents","score":0.9169999957084656}],"concepts":[{"id":"https://openalex.org/C133905733","wikidata":"https://www.wikidata.org/wiki/Q2629238","display_name":"Multifractal system","level":3,"score":0.756251871585846},{"id":"https://openalex.org/C2987168347","wikidata":"https://www.wikidata.org/wiki/Q22656","display_name":"Crude oil","level":2,"score":0.6293453574180603},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.6230297684669495},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.610957682132721},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.5809613466262817},{"id":"https://openalex.org/C89128539","wikidata":"https://www.wikidata.org/wiki/Q1949963","display_name":"Statistic","level":2,"score":0.5493218898773193},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5216681957244873},{"id":"https://openalex.org/C21689155","wikidata":"https://www.wikidata.org/wiki/Q2451452","display_name":"Detrended fluctuation analysis","level":3,"score":0.4912225604057312},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4557558596134186},{"id":"https://openalex.org/C99844830","wikidata":"https://www.wikidata.org/wiki/Q102441924","display_name":"Scaling","level":2,"score":0.43341487646102905},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3266933858394623},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.32509127259254456},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.3125845193862915},{"id":"https://openalex.org/C127313418","wikidata":"https://www.wikidata.org/wiki/Q1069","display_name":"Geology","level":0,"score":0.1253334879875183},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.1248641312122345},{"id":"https://openalex.org/C40636538","wikidata":"https://www.wikidata.org/wiki/Q81392","display_name":"Fractal","level":2,"score":0.10813826322555542},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C78762247","wikidata":"https://www.wikidata.org/wiki/Q1273174","display_name":"Petroleum engineering","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.physa.2014.05.023","doi":"https://doi.org/10.1016/j.physa.2014.05.023","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.physa.2014.05.023","pdf_url":null,"source":{"id":"https://openalex.org/S24688465","display_name":"Physica A Statistical Mechanics and its Applications","issn_l":"0378-4371","issn":["0378-4371","1873-2119"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-class-a","anvur-scientific","cwts-core","dongbi-b","jufo-1","ki-jl-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Physica A: Statistical Mechanics and its Applications","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":55,"referenced_works":["https://openalex.org/W1492887676","https://openalex.org/W1519481951","https://openalex.org/W1560368109","https://openalex.org/W1943972071","https://openalex.org/W1966773887","https://openalex.org/W1975839788","https://openalex.org/W1986271191","https://openalex.org/W1990085418","https://openalex.org/W1991952243","https://openalex.org/W1994529101","https://openalex.org/W2004567286","https://openalex.org/W2006271358","https://openalex.org/W2006852886","https://openalex.org/W2010732706","https://openalex.org/W2017156294","https://openalex.org/W2017821362","https://openalex.org/W2018049097","https://openalex.org/W2018509194","https://openalex.org/W2026564718","https://openalex.org/W2036280280","https://openalex.org/W2039709163","https://openalex.org/W2039838036","https://openalex.org/W2040843800","https://openalex.org/W2042674197","https://openalex.org/W2044725755","https://openalex.org/W2049359114","https://openalex.org/W2050955621","https://openalex.org/W2051029098","https://openalex.org/W2056317096","https://openalex.org/W2062266154","https://openalex.org/W2066957668","https://openalex.org/W2067062227","https://openalex.org/W2071602085","https://openalex.org/W2075430900","https://openalex.org/W2080744992","https://openalex.org/W2087829439","https://openalex.org/W2088510049","https://openalex.org/W2089409887","https://openalex.org/W2090549792","https://openalex.org/W2091050370","https://openalex.org/W2093230975","https://openalex.org/W2097822957","https://openalex.org/W2100011707","https://openalex.org/W2109102318","https://openalex.org/W2114990922","https://openalex.org/W2118367911","https://openalex.org/W2123575794","https://openalex.org/W2135282243","https://openalex.org/W2145140171","https://openalex.org/W2145500502","https://openalex.org/W2149416919","https://openalex.org/W2158242805","https://openalex.org/W2169581378","https://openalex.org/W3122114370","https://openalex.org/W6641699684"],"related_works":["https://openalex.org/W2277419181","https://openalex.org/W2460159164","https://openalex.org/W2091050370","https://openalex.org/W2030058710","https://openalex.org/W2466489886","https://openalex.org/W3125280652","https://openalex.org/W2997563196","https://openalex.org/W3083935032","https://openalex.org/W1966984868","https://openalex.org/W2314984505"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":7},{"year":2019,"cited_by_count":9},{"year":2018,"cited_by_count":6},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":9},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}