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:: Volume 10, Issue 43 (زمستان 1393 2015) ::
QEER 2015, 10(43): 87-104 Back to browse issues page
The survey relationship between oil prices and economic activities for eastern and south-eastern Asian countries: An asymmetric cointegration approach
Abstract:   (5323 Views)

After recent oil recessions, It’s very important to concern long-term relationship between energy prices (particularly oil) and its effects on economical activity. The aim of this paper is to study the asymetric relationship between oil prices shocks and GDP (proxied activities macro economic) by asymmetric cointegration approach for some eastern and south-eastern Asian countries. Results indicate that, while standard cointegration for all countries exept thailand is rejected, there is evidence for asymmetric cointegration between variables.

Keywords: South-eastern Asian countries, GDP, Asymmetric cointegration
Full-Text [PDF 607 kb]   (1510 Downloads)    
Type of Study: paper | Subject: مدل هاي نفت و گاز
Received: 2013/04/11 | Accepted: 2014/08/4 | Published: 2015/11/7 | ePublished: 2015/11/7
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The survey relationship between oil prices and economic activities for eastern and south-eastern Asian countries: An asymmetric cointegration approach. QEER 2015; 10 (43) :87-104
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Volume 10, Issue 43 (زمستان 1393 2015) Back to browse issues page
فصلنامه مطالعات اقتصاد انرژی Quarterly Energy Economics Review
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