How does oil price uncertainty affect output in the Central and Eastern European economies? – the Bayesian-based approaches

Purpose – This paper aims to investigate how oil price uncertainty affects real gross domestic product (GDP) and industrial production in eight Central and Eastern European countries (CEEC). Design/methodology/approach – In the research process, the authors use the Bayesian method of inference for t...

Full description

Bibliographic Details
Main Authors: Dejan Živkov, Jasmina Đurašković
Format: Article
Language:English
Published: Emerald Publishing 2023-02-01
Series:Applied Economic Analysis
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/AEA-07-2021-0158/full/pdf