- Tytuł:
-
Wpływ światowych cen ropy naftowej na ceny w Polsce
World oil price impact on prices in Poland - Autorzy:
-
Baranowski, Paweł
Sztaudynger, Jan Jacek - Powiązania:
- https://bibliotekanauki.pl/articles/424758.pdf
- Data publikacji:
- 2014
- Wydawca:
- Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
- Tematy:
-
oil price
producer price
consumer price
Vector Error Correction Model - Opis:
- The world oil price is an exogenous as well as key component and factor influencing domestic prices (especially transportation). The question is: how the oil price influences producer and consumer prices. We focus on a short- and long-term relationship between the domestic prices and oil price (expressed in Polish zloty). We use Vector Error Correction Models, with cost-based specification, i.e. including additionally wages and euro-zloty exchange rate. The degree of estimated long-term pass-through oil prices to producer and consumer prices is 0,15 and 0,05, respectively. Both producer and consumer prices have comparable size of short-term reaction to an oil price shock, but the producer price reaction is more prolonged.
- Źródło:
-
Econometrics. Ekonometria. Advances in Applied Data Analytics; 2014, 2(44); 9-16
1507-3866 - Pojawia się w:
- Econometrics. Ekonometria. Advances in Applied Data Analytics
- Dostawca treści:
- Biblioteka Nauki
Artykuł