Oil price shocks and macroeconomic activities in ASEAN-5 countries: A panel VAR Approach
The paper investigates the asymmetric effects of oil price shocks on real economic activities in ASEAN-5 from 1991 to 2014 using an unrestricted panel Vector Auto Regressive (VAR) method.Results from the impulse response function (IRFs) show evidence of an asymmetric relationship between oil prices...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
International Ataturk Alatoo University
2015
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/18274/1/EJBE%208%2016%202015%20101-120.pdf |