correction models are used to study the relationship between oil prices and prices of copper and maize. The commodity price data …

This paper investigates a perception in the political debates as to what extent poor countries are affected by price …

This paper examines the impact of Chinese economic growth on the real price of crude oil based on monthly time series … crude oil production, index of global economic activity, China's real GDP and real price of crude oil. Due to a break in the … real price of oil series during the 2008 global financial crisis, the data is divided into two intervals. The results for …

This study examines the dynamic effects of the oil price (OP) shocks on the key macroeconomic variables of Pakistan. A …, the long-term interest rate and the inflation rate (INF) rise as a result of a positive OP shock. The unanticipated …

illustrate our results graphically with the impulse-response function. We find that the shock responses of industries to Brent …

can explain short-run crude oil price dynamics, including those related with the COVID-19 pandemic and with the Russia … structural parameters of interest, such as supply and demand elasticises. Our model incorporates both the futures-spot price … spread to capture shocks to the real price of crude oil driven by changes in expectations and US inventories to describe …