BILGIN, MEHMET HUSEYIN; GOZGOR, GIRAY; KARABULUT, GOKHAN - In: The Singapore Economic Review (SER) 60 (2015) 01, pp. 1550009-1
This paper analyzes the impact of volatility in the world energy price on aggregate economic activity in an unbalanced … show that the volatility in world energy price is negatively associated with the aggregate economic activity. Using the … world energy price volatility on the aggregate economic activity in each economy and obtain the most impressive negative …