The Effects of Oil Price Shocks on IIP and CPI in Emerging Countries
In this paper, we investigate the effects of oil price shocks on the production and price level in five emerging countries through comparison with the United States, using a two-block structural VAR model of the global crude oil market proposed by Kilian and Park (see International Economic, vol. 50...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2016-09-01
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| Series: | Economies |
| Subjects: | |
| Online Access: | http://www.mdpi.com/2227-7099/4/4/20 |