Oil price volatility and economic growth: Evidence from advanced economies using more than a century's data

R Van Eyden, M Difeto, R Gupta, ME Wohar - Applied energy, 2019 - Elsevier
This paper uses a number of different panel data estimators, including fixed effects, bias-
corrected least squares dummy variables (LSDVC), generalised methods of moments …

The impact of oil price shocks on the economic growth of selected MENA1 countries

MH Berument, NB Ceylan, N Dogan - The Energy Journal, 2010 - journals.sagepub.com
This paper examines how oil price shocks affect the output growth of selected MENA
countries that are considered either net exporters or net importers of this commodity, but are …

Oil revenue shocks and government spending behavior in Iran

MR Farzanegan - Energy Economics, 2011 - Elsevier
Oil revenues play an important role in the political economy of Iran. On average, 60% of the
Iranian government revenues and 90% of export revenues originate from oil and gas …

The effect of global oil price shocks on China's agricultural commodities

C Zhang, X Qu - Energy Economics, 2015 - Elsevier
This paper studied the effect of global oil price shocks on agricultural commodities in China,
including strong wheat, corn, soybean, bean pulp, cotton and natural rubber. We regarded …

Cross-country differences in the effects of oil shocks

G Peersman, I Van Robays - Energy Economics, 2012 - Elsevier
We compare the macroeconomic consequences of several types of oil shocks across a set
of industrialized countries that are structurally very diverse with respect to the role of oil and …

An integrated model for crude oil forecasting: Causality assessment and technical efficiency

X Cheng, P Wu, SS Liao, X Wang - Energy Economics, 2023 - Elsevier
In light of the central role of crude oil in the economy and the complex mechanisms involved
in forecasting crude oil prices, this study proposes a two-stage model that optimally selects …

Asymmetries in the response of economic activity to oil price increases and decreases?

AM Herrera, LG Lagalo, T Wada - Journal of International Money and …, 2015 - Elsevier
It has been common to assume that the relationship between economic activity and oil
prices is asymmetric. Theoretical underpinnings for this asymmetry include costly sectoral …

The effect of global oil price shocks on China's metal markets

C Zhang, X Tu - Energy Policy, 2016 - Elsevier
This paper investigated the impacts of global oil price shocks on the whole metal market and
two typical metal markets: copper and aluminum. We applied the autoregressive conditional …

Oil prices, policy uncertainty and travel and leisure stocks in China

Y Qin, J Chen, X Dong - Energy Economics, 2021 - Elsevier
By utilizing the time-varying parameter vector autoregressive (TVP-VAR) model, we
investigate the time-varying effects of oil price shocks and policy uncertainty on travel and …

Implications of a long-term increase in oil prices for tourism

S Becken, J Lennox - Tourism Management, 2012 - Elsevier
It is expected that global oil prices will increase in the future. Assessing the overall economic
impacts on tourism is difficult, as oil price rises will be concomitant with global changes in …