Test of Causality Between Oil Price and GDP Growth in Algeria

Author(s):  
Zouaoui Chikr Elmezouar ◽  
A. Mazri ◽  
M. Benzaire ◽  
AEK. Boudi
Keyword(s):  

Significance The package comprises the national budget and revenue legislation, as well as key domestic and international macroeconomic assumptions and projections. Impacts Even if GDP growth remains poor, fiscal loosening is unlikely. The central bank may lower interest rates further to help boost the economy, but the effect of a monetary push would be relatively minor. Major projects such as the Maya Train may have some regional impact but will have a limited effect on national economic growth. Legislators may increase the expected oil price for 2020 to boost spending in some areas without increasing the fiscal deficit target.


2018 ◽  
Vol 66 (1-2) ◽  
pp. 190-202
Author(s):  
Nenavath Sreenu

The article examines the effects of crude oil price shocks on the Indian economy development and GDP growth for the period of 2010–2018. Currently, the Indian economy has been facing the identical issues of escalating trade disparity and continuing inflation. In this connection, the study focussed on the determination of the relationship between the speculation and crude oil price impact on the Indian economic development activity and GDP growth, and the paper investigated how oil price variations affect the Indian economy development through different networks like WPI, CP, IIP, GDP, monetary policy, trade and investment. The research paper adopted methods such as GARCH model and description to tool the volatility on both the oil and stock markets, and then an extension of the vector auto-regression (VAR) models is also applied to determine the oil price shocks’ effect on macroeconomic indicators. The outcomes of cointegration model propose that crude oil is pro-cyclical to output, and the article used VAR investigation to check the discrepancy in decomposition to capture the linear inter-dependencies among the variables. JEL Classification: G4, G11, G15


2020 ◽  
Vol 88 ◽  
pp. 104786 ◽  
Author(s):  
Lanouar Charfeddine ◽  
Tony Klein ◽  
Thomas Walther

2005 ◽  
Vol 37 (2) ◽  
pp. 201-228 ◽  
Author(s):  
Rebeca Jiménez-Rodríguez * ◽  
Marcelo Sánchez

2018 ◽  
Author(s):  
nenavath sreenu

<div>The paper examines the effects of crude oil price shocks on the Indian economy development and GDP Growth for the period of 2010 till 2018. The present Indian economy growth has been facing the identical issues of escalating the trade disparity and continuing inflation. In this connection, the study focused on the determine relationship between the speculation and crude oil price impact on the Indian economic development activity and GDP growth and the paper investigated the how oil price variations effect on the Indian economy development through different networks, viz. WPI, CP, IIP, GDP, Monetary policy, trade and investment. The paper used methods an GARCH model and description to tool the volatility on both the oil and stock markets and then developed an extension of the GARCH-M, vector auto-regression (VAR) models are also applied to determine the oil price shocks effect on macroeconomic indicators and the outcomes of co integration model propose that crude oil is pro‐cyclical to output, and the paper used VAR investigation to the discrepancy decomposition to capture the linear inter‐dependencies among the variables. The mechanical stability experiments determine that there is no indication of mechanical break in the VAR model.</div>


2018 ◽  
Author(s):  
nenavath sreenu

<div>The paper examines the effects of crude oil price shocks on the Indian economy development and GDP Growth for the period of 2010 till 2018. The present Indian economy growth has been facing the identical issues of escalating the trade disparity and continuing inflation. In this connection, the study focused on the determine relationship between the speculation and crude oil price impact on the Indian economic development activity and GDP growth and the paper investigated the how oil price variations effect on the Indian economy development through different networks, viz. WPI, CP, IIP, GDP, Monetary policy, trade and investment. The paper used methods an GARCH model and description to tool the volatility on both the oil and stock markets and then developed an extension of the GARCH-M, vector auto-regression (VAR) models are also applied to determine the oil price shocks effect on macroeconomic indicators and the outcomes of co integration model propose that crude oil is pro‐cyclical to output, and the paper used VAR investigation to the discrepancy decomposition to capture the linear inter‐dependencies among the variables. The mechanical stability experiments determine that there is no indication of mechanical break in the VAR model.</div>


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