Reconsidering the Relationship between Oil Prices and Industrial Production: Testing for Cointegration in some of the OECD Countries
This paper investigates the effects of crude oil prices on the industrial production for some of the OECD countries. According to it, the empirical results sign that there is statistical meaningful short term causality from crude oil price to industrial production in all countries except France. In...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Ala-Too International University
2011-11-01
|
| Series: | Eurasian Journal of Business and Economics |
| Subjects: | |
| Online Access: | http://www.ejbe.org/EJBE2011Vol04No08p001-EKSI-IZGI-SENTURK.pdf |