a r t i c l e i n f o JEL classification: F1 F4 Q43 N75 Keywords: Oil price shock Trade balance VAR Granger non-causality test Gregory-Hansen cointegration test This study aims to examine whether a large part of the variability of trade balances and their oil and non-oil components is associated with oil price fluctuations. The long-run causality running from oil price to overall, oil and non-o...

oil prices may be having a direct and indirect effect through the exchange rate on the price of agricultural commodities. in this paper, the impact of world oil prices and exchange rate shocks on prices of specific agricultural commodities including wheat, corn, soybeans and sunflowers in iran is discussed. for this purpose, vector autoregressive model with monthly data over the period 2010-199...

 The oil price shocks are an important source that affect on TOT in both oil exporting and importing countries. Hence, this paper compares the effects of real oil price shock on TOT in both oil importing and exporting countries, using Panel Data technique and during 1980-2010. To the best of our knowledge, we applied the nonlinear approach in order to assess the asymmetric impact of the oil pri...

Oil is the lifeblood of the industrial economy, oil prices are affected by many factors. China is a major industrial country, changes in the price of oil will affect many aspects of economic development, and therefore the price of crude oil research is extremely important. In this paper, monthly average prices of crude oil in Daqing from January 2000 to December 2010 are utilized to do the rese...

The automobile industry has been largely affected since the outbreak of Russo-Ukrainian War, which is reflected by crude oil price. In order to see long-term effect price fluctuation on auto industry, this paper analyzes changes in and rates return new power specific. This research builds a VAR model an ARMA-GARCH analyze relationship between stock from June 2021 July 2022. Finally, finds that ...

Based on the examination of price discovery between Shanghai crude oil futures and spot market, this paper explores whether introduction can play a stabilizing role in alleviating impact financial cycle risk market from March 2018 to December 2019. The results show that there is only uni-directional relationship price, plays leading discovery. will increase volatility market. additional researc...

Taiwan has implemented a floating oil-price mechanism since 2007, which is aimed at connecting the domestic oil price with the international oil price. Given that the consumers’ behavior may change once the price truly responds to its cost and the air quality may consequently be improved, this study investigates the effect of oil price on the concentration of 7 air pollutants, taking the adopti...

The Russia-Ukraine conflict has upraised the crude oil price and its volatility, which leads to fluctuations in corresponding industries markets. Existing literatures have studied impact of shock many respects, precious metal market significant responses unusual events, same for conflict. This paper studies spot gold silver’s price, return, volatility with respect return WTI, during period Nove...