Trade linkages and macroeconomic effects of the price of oil

I Korhonen, S Ledyaeva - Energy Economics, 2010 - Elsevier
In this paper we assess the impact of oil price shocks on oil-producer and oil-consuming
economies. VAR models for different countries are linked together via a trade matrix, as in …

Macroeconomic impacts of oil price shocks in Asian economies

J Cunado, S Jo, FP de Gracia - Energy Policy, 2015 - Elsevier
This paper analyzes the macroeconomic impact of structural oil shocks in four of the top oil-
consuming Asian economies, using a VAR model. We identify three different structural oil …

An estimation of the impact of oil shocks on crude oil exporting economies and their trade partners

FT Hesary, N Yoshino, G Abdoli… - Frontiers of Economics in …, 2013 - brill.com
This research evaluates the impact of oil price shocks on oil producing and consuming
economies; we used a simultaneous equation framework for different countries with …

Asymmetric oil shocks and external balances of major oil exporting and importing countries

S Rafiq, P Sgro, N Apergis - Energy Economics, 2016 - Elsevier
This study investigates the effects of oil price shocks on three measures of oil exporters' and
oil importers' external balances: total trade balance, oil trade balance and non-oil trade …

[HTML][HTML] Trade linkages and transmission of oil price fluctuations

F Taghizadeh-Hesary, N Yoshino, E Rasoulinezhad… - Energy Policy, 2019 - Elsevier
This study is an attempt to ascertain how oil price shock can affect a trade-linked system via
monetary variables. To this end, a simultaneous equation model (SEM) was applied through …

The role of economic development for the effect of oil market shocks on oil-exporting countries. Evidence from the interacted panel VAR model

MA Dąbrowski, M Papież, M Rubaszek, S Śmiech - Energy Economics, 2022 - Elsevier
This paper examines whether the effects of oil market shocks on economic activity and
exchange rates in oil-exporting countries depend on the stage of economic development or …

Oil price shocks and global imbalances: Lessons from a model with trade and financial interdependencies

JP Allegret, V Mignon, A Sallenave - Economic Modelling, 2015 - Elsevier
The aim of this paper is to investigate oil price shocks' effects and their associated
transmission channels on global imbalances. To this end, we rely on a Global VAR …

Is there a homogeneous causality pattern between oil prices and currencies of oil importers and exporters?

J Beckmann, R Czudaj - Energy Economics, 2013 - Elsevier
Although the link between oil prices and dollar exchange rates has been frequently
analyzed, a clear distinction between prices and nominal exchange rate dynamics and a …

Oil price shocks and European industries

B Scholtens, C Yurtsever - Energy Economics, 2012 - Elsevier
We investigate the impact of oil price shocks at the industry level in the Euro area for the
period 1983–2007. We use different oil price specifications and use dynamic VAR models …

The impact of oil price shocks: Evidence from the industries of six OECD countries

R Jiménez-Rodríguez - Energy Economics, 2008 - Elsevier
Most of the studies about the macroeconomic consequences of oil price shocks have been
focused on US aggregate data. In contrast to these studies, this paper empirically assesses …