Impact of Oi?l pri?ces on Inflati?on in Oi?l-Importi?ng Countri?es: The case of Turkey

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Tarih

2010

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Academy of Economic Studies

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This study aims at investigating the link between international oil prices and inflation in case of Turkey, a small open industrial economy without oil resources, for the period 1983:01 and 2006:05. Granger causality test is employed in this study to investigate the relationship and causality between the oil prices and inflation for Turkey. The results of Granger-causality test show that the causality is running from oil prices to inflation. Therefore, we conclude that increases in oil prices have had a positive impact on inflation in Turkey over the period between 1983:01 and 2006:05.

Açıklama

Anahtar Kelimeler

Cointegration, Granger causality, Inflation, Oil prices, Turkey

Kaynak

Economic Computation and Economic Cybernetics Studies and Research

WoS Q Değeri

Scopus Q Değeri

Q3

Cilt

44

Sayı

2

Künye