The impact of crude oil price fluctuations on the real effective exchange rate (REER) has been widely debated, but specific evidence, particularly for developing countries in Southeast Asia, is scarce and inconclusive. This issue, especially concerning both short- and long-term relationships, remains inadequately addressed, affecting these countries for risk management related to oil price fluctuations. This study aims to fill this gap by examining these relationships in Thailand context to provide more evidence on how the REER in Southeast Asia responds to changes in crude oil prices. Monthly data of crude oil prices in Dubai market and the Thai baht REER from 2000 to 2019 were employed. Johansen co-integration test and Vector Error Correction Model (VECM) were used for analyzing long-term and short-term relationships, respectively. The results indicate a significant negative long-term relationship between crude oil prices and the REER, with a 0.31% reduction in the REER for every 1% increase in the real price of oil. However, in the short term, VECM analysis reveals significant movements in the REER in response to external shocks. On average from 2000–2019, the significant fluctuations in the REER are quickly alleviated and adjusted to its long-run equilibrium, typically by 2% in the following month following external shocks such as crude oil price fluctuations. Given these findings, which highlight the long-term relationship between the REER and crude oil prices and its short-term adjustment, it is suggested that when there is a shock from the crude oil prices, the government can strengthen short-term oil price controls or monetary subsidies to mitigate the extensive repercussions of energy market fluctuations, as such interventions would have a lesser impact on the long-term equilibrium of the REER.

Forest fire, as a discontinuous ecological factor of forest, causes the changes of carbon storage and carbon distribution in forest ecosystem, and affects the process of forest succession and national carbon capacity. Taking the burned land with different forest fire interference intensity as the research object, using the comparison method of adjacent sample plots, and taking the combination of field investigation sampling and indoor test analysis as the main means, this paper studies the influence of different forest fire interference intensity on the carbon pool of forest ecosystem and the change and spatial distribution pattern of ecosystem carbon density, and discusses the influence mechanism of forest fire interference on ecosystem carbon density and distribution pattern. The results showed that forest fire disturbance reduced the carbon density of vegetation (P < 0.05). The carbon density of vegetation in the light, moderate and high forest fire disturbance sample plots were 67.88, 35.68 and 15.50 t∙hm^-2, which decreased by 15.86%, 55.78% and 80.79% respectively compared with the control group. In the light, moderate and high forest fire disturbance sample plots, the carbon density of litter was 1.43, 0.94 and 0.81 t∙hm^-2, which decreased by 28.14%, 52.76% and 59.30% respectively compared with the control group. The soil organic carbon density of the sample plots with different forest fire disturbance intensity is lower than that of the control group, and the reduction degree gradually decreases with the increase of soil profile depth. The soil organic carbon density of the sample plots with light, moderate and high forest fire disturbance is 103.30, 84.33 and 70.04 t∙hm^-2 respectively, which is 11.670%, 27.899% and 40.11% lower than that of the control group respectively; the carbon density of forest ecosystem was 172.61, 120.95 and 86.35 t∙hm^-2 after light, moderate and high forest fire disturbance, which decreased by 13.53%, 39.41% and 56.74% respectively compared with the control group; forest fire disturbance reduced the carbon density of eucalyptus forest, which showed a law of carbon density decreasing with the increase of forest fire disturbance intensity. Compared with the control group, the effect of light forest fire disturbance intensity on the carbon density of eucalyptus forest was not significant (P > 0.05), while the effect of moderate and high forest fire disturbance intensity on the carbon density of eucalyptus forest was significant (P < 0.05).

Objective: To study the growth, accumulation and soil nutrient content of each overseeded species under different interharvesting intensity treatments of Eucalyptus, and to explore the best re-cultivation method suitable for mixed overseeded species after Eucalyptus interharvesting. Methods: In Guangxi state-owned Qipo forest, Eucalyptus tailorii with different planting densities (DH32-29) were mixed with Castanopsis hystrix, Mytilaria laosensis and Michelia macclurei, and four different treatments (CK, LT, MT and HT) were established for re-cultivation of Eucalyptus near-mature forests with different logging intensities, and the differences in growth conditions and soil physicochemical properties of each species were analyzed. Results: (1) As the proportion of Eucalyptus allocation decreased, the growth of Eucalyptus diameter at breast height, tree height and individual wood volume could be promoted; the growth of the three parameters of HT and MT Eucalyptus were significantly different from LT and CK. (2) The average wood volume per plant of the set species in the CK and LT treatments was Mytilaria laosensis > Michelia macclurei > Castanopsis hystrix, while in the MT and HT treatments it was Mytilaria laosensis > Castanopsis hystrix > Michelia macclurei. (3) The differences in soil aeration, total saturated water holding capacity, capillary water holding capacity, and field water holding capacity in soil layers of different depth varied. In the same soil layer, soil aeration, total porosity and capillary porosity were HT > CK > LT > MT; saturated water holding capacity and capillary water holding capacity were HT > CK > LT > MT, while field water holding capacity was CK > HT > LT > MT. (4) Organic matter, pH, total nitrogen, total phosphorus, total potassium, fast-acting nitrogen, fast-acting phosphorus, and fast-acting potassium changed with varying soil depth in each treatment.

In this study, optical and microwave satellite observations are integrated to estimate soil moisture at the same spatial resolution as the optical sensors (5km here) and applied for drought analysis in the continental United States. A new refined model is proposed to include auxiliary data like soil texture, topography, surface types, accumulated precipitation, in addition to Normalized Difference Vegetation Index (NDVI) and Land Surface Temperature (LST) used in the traditional universal triangle method. It is found the new proposed soil moisture model using accumulated precipitation demonstrated close agreements with the U.S. Drought Monitor (USDM) spatial patterns. Currently, the USDM is providing a weekly map. Recently, “flash” drought concept appears. To obtain drought map on daily basis, LST is derived from microwave observations and downscaled to the same resolution as the thermal infrared LST product and used to fill the gaps due to clouds in optical LST data. With the integrated daily LST available under nearly all weather conditions, daily soil moisture can be estimated at relatively higher spatial resolution than those traditionally derived from passive microwave sensors, thus drought maps based on soil moisture anomalies can be obtained on daily basis and made the flash drought analysis and monitoring become possible.

Relying on the D-Vine copula model, this paper delves into the hedging capabilities of Brent crude oil against the exchange rate of oil-exporting and oil-importing nations. The results affirm Brent crude oil’s role as a safeguard and a refuge against the fluctuations of major currencies. Furthermore, we reaffirm that oil retains its robust hedging and safe-haven attributes during times of crisis, with currency co-movements across all countries exhibiting greater correlation than during the entire dataset. Additionally, our empirical findings highlight an unusually positive correlation between Brent crude oil and the Russian exchange rate during the Russia-Ukraine conflict, demonstrating that oil functions as a less effective hedge and a less dependable refuge for the Russian exchange rate in such geopolitical turbulence.

In this paper, we explore the static and dynamic effects of oil rent on competitiveness in Saudi Arabia’s economy during the period 1970–2022. In addition, we examined the short-run, strong and long-run relationships between exports and industry, inflation, energy use (oil rents) and agriculture using the Autoregressive Distributed Lag (ARDL) approach developed. The analysis showed that government spending will contribute to enhancing the competitive environment with a difference of one year. Moreover, the industry will contribute to increasing competitiveness for a positive relationship in the long term. The results stated that there is an insignificant relationship between competitiveness, inflation, and oil rents. The analysis also shows that inflation has a negative impact with statistical significance in the short term. In addition, the error correction model (ECM) coefficient is negative and has statistical significance at 0.76 at a 1% significant level, which indicates the existence of an error correction mechanism and thus the existence of a long-term relationship between the variables.