IMPACT OF OIL PRICES ON INFLATION IN OIL-IMPORTING COUNTRIES: THE CASE OF TURKEY
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Tarih
2010
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Acad 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
Oil prices, Inflation, Cointegration, Granger causality, Turkey
Kaynak
Economic Computation and Economic Cybernetics Studies and Research
WoS Q Değeri
Q4
Scopus Q Değeri
Cilt
44
Sayı
2
