Muller, Maria Graciela Gonzalez - 2000
model is applied to portray GDP, exports, and investments. Apart from the autoregressive component oil prices are included … illustrate how the boom of oil prices between 1999 and 2000, affected these sectors. As a result is it attained that higher oil … prices have an adverse effect on GDP, exports, and investment which conflicts with the actual belief that higher a price is …