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...
Main Author: | Kuan-Chieh Chen |
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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 |
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