NDLI: The Impact of International Oil Prices on Consumer Prices: Evidence from a VAR Model

Content Provider	IEEE Xplore Digital Library
Author	Chi-Jui Huang Hui-Cheng Wang Meng-Gu Chen Tsorng-Chyi Hwang
Copyright Year	2009
Abstract	This study examines possible impacts of crude oil price (OP) on consumer price index (CPI) among three oil exchange markets and four Asian countries with different economic development levels over the period January 1999 to June 2008. A time-series vector autoregression (VAR) model is applied in empirical estimation. The estimated results show that oil prices changes (COPs) have significant effects on changes of CPIs (CCPIs) in the short run for all countries considered. There are long-run causality effects of COPs on CCPIs for countries with relatively larger economic scale. The one way COP–CCPI relationship is less significant for more developed countries. Moreover, the divergent relationships of Dubai COP to CCPIs of Japan, Singapore, and India as well as Brent COP to CCPI of Japan are meaningless in the long run.
Starting Page	531
Ending Page	534
File Size	254271
Page Count	4
File Format	PDF
ISBN	9780769535074
DOI	10.1109/CSIE.2009.762
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2009-03-31
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Technological innovation Vector autoregression model Fluctuations Consumer price index Electric shock Time series analysis Stochastic processes Power generation economics Data mining Petroleum Oil price Computer science Reactive power
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Energy Price Shock, Employment and Output

Garch and SV Model Based VaR Modeling for Energy Risk Management

The Effects of Oil Price Shocks on IIP and CPI in Emerging Countries

Inflation Rate Generator Based on VAR Model

The application of VAR model in the empirical study on steel futures price discovery

The Simulation Analysis of Energy Price Shock and Business Cycle

1oil prices, economic activity and inflation: evidence for some asian countries (2004).

Empirical Research on the Interaction Between Oil Price Shock and World Economic Activity

The analysis of oil shock and monetary policy of China

The Impact of International Oil Prices on Consumer Prices: Evidence from a VAR Model

Similar Documents

Energy Price Shock, Employment and Output

Garch and SV Model Based VaR Modeling for Energy Risk Management

The Effects of Oil Price Shocks on IIP and CPI in Emerging Countries

Inflation Rate Generator Based on VAR Model

The application of VAR model in the empirical study on steel futures price discovery

The Simulation Analysis of Energy Price Shock and Business Cycle

1oil prices, economic activity and inflation: evidence for some asian countries (2004).

Empirical Research on the Interaction Between Oil Price Shock and World Economic Activity

The analysis of oil shock and monetary policy of China

The Impact of International Oil Prices on Consumer Prices: Evidence from a VAR Model