Autoregressive (SVAR) methodology is applied incorporating realized volatility as an indicator of oil price uncertainty to …This paper investigates the link between oil price uncertainty shocks and key macroeconomic indicators of a net oil … investigate the short run effects of oil price uncertainty. The Generalised Impulse Response Functions (GIRF) analysis reveals …

The paper estimates the effect of oil price fluctuations on GDP growth, using linear and nonlinear VAR models with data … the oil-to-energy share, which weakens the causal effect of oil prices on economic growth. A consideration of the … relationship of oil prices and GDP over 44 years confirms the exclusion of symmetry of previous studies. Moreover, the paper …

price changes, asymmetric transformations of oil price changes, oil price volatility, and oil supply conditions. We measure …. Fourth, positive oil price changes, net oil price increases and oil price volatility are the oil shock definitions which … in general not satisfactory. We extend these models to verify if the inclusion of asymmetric oil shocks as an exogenous …

link between oil shocks and the volatility of economic growth. A new measure of oil shocks is developed and shown to be … volatility to oil price changes. Uncertainty about future growth is considerably lower compared to a benchmark AR(1) model when …This paper shows that oil shocks primarily impact economic growth through the conditional variance of growth. Our …

Ghana is poised to be one of the fastest growing economies in Sub-Saharan Africa because of its emerging oil and gas … industry. Ghana's discovery of oil in commercial quantities in 2007 and its commencement of production in 2010 are expected to … based on the features of the Ghanaian Economy. We then examined the persistent effects of world oil price and monetary …

In this study, the analysis was that the capacity of creating inflation depends on oil prices as the one of energy … exporting countries through oil prices. At the same time, the rises of oil prices causes inflation because it increases the … privately affected by oil use. In that case, oil import is both efficient on inflation and on growth. Tested hypothesis in the …

This paper examines the impact of oil price on economic growth in seven low-income oil-importing sub-Saharan African … Distributive Lag (panel-ARDL), we examined the impact of oil price on economic growth in the short and long run. The results show … that oil price does not have a significant impact on economic growth in the short run for the group, but has a negative …