ANALYSIS OF THE ASYMMETRIC RELATIONSHIP BETWEEN OIL PRICES AND REAL EFFECTIVE EXCHANGE RATE IN KAZAKHSTAN
نویسندگان
چکیده
Kazakhstan's export relies heavily on oil and other natural resources. Therefore, fluctuations in world prices have important consequences for economy. The effect of the real exchange rate is very economies trying to develop sectors as well gas such Kazakhstan. purpose this study examine possible asymmetric relationships between effective Kazakhstan period January 2010-December 2020. For purpose, causality analysis method developed by Hatemi-J Roca (2014) was used study. In study, it studied with monthly data from 2010 December According results there a relationship negative price shocks However, what interesting that positive could not be found. Keywords: price, Kazakhstan, rate, JEL Classifications: Q43; F41; C32 DOI: https://doi.org/10.32479/ijeep.11171
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ژورنال
عنوان ژورنال: International Journal of Energy Economics and Policy
سال: 2021
ISSN: ['2146-4553']
DOI: https://doi.org/10.32479/ijeep.11171