Du, Limin; Yanan, He; Wei, Chu - In: Energy Policy 38 (2010) 8, pp. 4142-4151
This paper investigates the relationship between the world oil price and China's macro-economy based on a monthly time series from 1995:1 to 2008:12, using the method of multivariate vector autoregression (VAR). The results show that the world oil price affects the economic growth and inflation...