Impact of Crude Oil Price on Countries’ and Vietnam’s GDP Growth: Variance Decomposition Approach

<p>The crude oil price fluctuation investigation is to explore the impact of crude oil price shocks on the countries’ economic growth. The Vector Autoregressive Model (VAR) was applied and the variance decomposition is to analyze the impact of the GDP growth due to the shock of the crude oil p...

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Bibliographic Details
Main Author: Doan Van Dinh
Format: Article
Language:English
Published: EconJournals 2021-04-01
Series:International Journal of Energy Economics and Policy
Online Access:https://econjournals.com/index.php/ijeep/article/view/10852