The Impact of Oil Price Shocks on Economic Growth: The Case of Taiwan
Most studies continue to analyze oil shocks. Earlier authors recognize that oil price volatility plays a critical role in the economy. There is accordingly evidence that oil price shocks negatively impact real gross domestic product (GDP) growth rates and cause higher inflation. However, this paper...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2021-09-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/11822 |