Mutuc, Maria Erlinda M.; Pan, Suwen; Hudson, Darren - Agricultural and Applied Economics Association - AAEA - 2010
in the international market may differ greatly depending on whether the increase is driven by demand or supply shocks in … attributed to shocks to aggregate demand for industrial commodities while none can be traced to oil supply shocks. This paper … the nascent empirical evidence, and identifies the transmission of different types of oil price shocks to movements in …