Estimation of direct and indirect impact of oil price on growth

被引:85
作者
Abeysinghe, T [1 ]
机构
[1] Natl Univ Singapore, Dept Econ, Singapore 119260, Singapore
关键词
VARX model; trade matrix; direct and indirect effects;
D O I
10.1016/S0165-1765(01)00476-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a new methodology, this paper measures the direct and indirect effects of oil prices on GDP growth of 12 economies. Because of the indirect effect, which is transmitted through a trade matrix, even the net oil exporters like Indonesia and Malaysia cannot escape the negative influence of high oil prices. (C) 2001 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:147 / 153
页数:7
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