Ozturk, IlhanFeridun, Mete2025-03-072025-03-0720100424-267X1842-3264https://hdl.handle.net/20.500.12507/3195This 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.eninfo:eu-repo/semantics/closedAccessOil pricesInflationCointegrationGranger causalityTurkeyArticle442201208WOS:000278532700014Q4