How Does WTI Crude Oil Affect Economic Growth of India?

2014 ◽  
Vol 1 (4) ◽  
pp. 94
Author(s):  
Amalendu Bhunia
Keyword(s):  
Economic Growth ◽  
Crude Oil

scholarly journals THE EFFECT OF CRUDE OIL PRICES ON INFLATION, INTEREST RATES AND ECONOMIC GROWTH IN INDONESIA

2019 ◽  
Vol 9 (5) ◽  
pp. 14-19
Author(s):  
Rostin Rostin ◽  
Abd Azis Muthalib ◽  
Pasrun Adam ◽  
Muh. Nur ◽  
Zainudin Saenong ◽  
...  
Keyword(s):  
Economic Growth ◽  
Crude Oil ◽  
Interest Rates ◽  
Oil Prices ◽  
Crude Oil Prices

scholarly journals Constructing a Composite Leading Indicator for the Global Crude Oil Price

2018 ◽  
Vol 11 (5) ◽  
pp. 129
Author(s):  
Mei-Teing Chong ◽  
Chin-Hong Puah ◽  
Shazali Abu Mansor
Keyword(s):  
Economic Growth ◽  
Crude Oil ◽  
Oil Price ◽  
Economic Research ◽  
National Bureau ◽  
Crude Oil Price ◽  
Leading Indicator ◽  
Indicator Approach ◽  
The World

Crude oil, as the most traded commodity in the world, exhibits prices with a clear influence on other commodities in the worldwide market. It also poses implications regarding the economic growth of oil-exporting and oil-importing nations. This study provides an unprecedented method of employing the indicator approach as proposed by the Conference Board, National Bureau of Economic Research, to construct a leading indicator for the global crude oil price. The results reveal that the constructed oil price indicator can predict the cyclical movement of the oil price by moving in advance of 3.5 months on average. This finding could provide better signaling to oil-related nations as well as other commodities that consider crude oil to be a leader in the market.

How crude oil consumption impacts on economic growth of Sub-Saharan Africa?

Energy ◽  
2013 ◽  
Vol 54 ◽  
pp. 74-83 ◽  
Author(s):  
Niaz Bashiri Behmiri ◽  
José R. Pires Manso
Keyword(s):  
Economic Growth ◽  
Crude Oil ◽  
Sub Saharan Africa ◽  
Oil Consumption ◽  
Sub Saharan

Import demand of crude oil and economic growth: Evidence from India

Energy Policy ◽  
2009 ◽  
Vol 37 (2) ◽  
pp. 699-702 ◽  
Author(s):  
Sajal Ghosh
Keyword(s):  
Economic Growth ◽  
Crude Oil ◽  
Import Demand

scholarly journals Impact of FDI inflow, crude oil prices, and economic growth on CO2 emission in Tunisia: Symmetric and asymmetric analysis through ARDL and NARDL approach

2021 ◽  
Vol 12 (1) ◽  
pp. 1-13
Author(s):  
Tarek Ghazouani
Keyword(s):  
Economic Growth ◽  
Crude Oil ◽  
Carbon Emissions ◽  
Co2 Emission ◽  
Oil Prices ◽  
Oil Price ◽  
Crude Oil Price ◽  
Fdi Inflows ◽  
Crude Oil Prices ◽  
Long Run

This study explores the symmetric and asymmetric impact of real GDP per capita, FDI inflow, and crude oil price on CO2 emission in Tunisia for the 1972–2016 period. Using the cointegration tests, namely ARDL and NARDL bound test, the results show that the variables are associated in a long run relationship. Long run estimates from both approach confirms the validity of ECK hypothesis for Tunisia. Symmetric analysis reveals that economic growth and the price of crude oil adversely affect the environment, in contrast to FDI inflows that reduce CO2 emissions in the long run. Whereas the asymmetric analysis show that increase in crude oil price harm the environment and decrease in crude oil price have positive repercussions on the environment. The causality analysis suggests that a bilateral link exists between economic growth and carbon emissions and a one-way causality ranges from FDI inflows and crude oil prices to carbon emissions. Thus, some policy recommendations have been formulated to help Tunisia reduce carbon emissions and support economic development.

scholarly journals An Assessment on Relationship of Agricultural Sub-Sectors with GDP in Nigeria

2019 ◽  
Vol 8 (10) ◽  
pp. 1921-1925
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Crude Oil ◽  
Crop Production ◽  
Agricultural Sector ◽  
Economic Activities ◽  
Public Officials ◽  
Maximum Value ◽  
Relationship Of ◽  
The Relationship

This study is majorly concentrated on the various agricultural subsectors in Nigeria, how the subsectors has influenced the economic growth of Nigeria using econometric procedure to estimate the parameters of the model, and also the various shortcomings encountered by the agricultural subsectors in Nigeria and possible solutions. It also emphasize on the sector that has been abandoned, whereas, the growing recognition is directed toward the major resources (crude oil) which generated diminishing returns in agriculture contributions in regards to the economic growth in Nigeria. Moreover, the paper emphasized on the relationship of agricultural sub-sectors with Gross Domestic Product (GDP) which the sub-sectors entails crop production, fishery, livestock and forestry. The Intention of this research presents the conclusion that the agricultural part is a concrete sector of the economy and cannot be underrated or trivialized seeing that agricultural sector output is important to economic activities in Nigeria. Therefore, the general growth of the country’s economy depends on the progress of agriculture. If there’s availability of credit facility to the agricultural sector, it will enhance the boosting of the country’s GDP and thereby causing growth in the economy. An additional objective of this paper attempts to carry maximum value for public officials and legislators

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