- Tytuł:
- IMPACT OF OIL PRICES ON THE DOMESTIC CURRENCY IN A SMALL INDUSTRIAL ECONOMY WITHOUT OIL RESOURCES
- Autorzy:
-
Feridun, Mete
Michailidis, Grigoris - Powiązania:
- https://bibliotekanauki.pl/articles/450544.pdf
- Data publikacji:
- 2008
- Wydawca:
- Uniwersytet Gdański. Wydawnictwo Uniwersytetu Gdańskiego
- Tematy:
-
Oil Prices
Exchange Rates
Commodity Prices
Cointegration - Opis:
- This study aims at investigating the link between international oil prices and the exchange rate in case of a small open industrial economy without oil resources such as Poland. The results of Granger-causality test show that the null hypotheses of Zloty-US dollar exchange rate does not granger cause rejection of Oil Price is not rejected while there exists reverse causality in 3 and 4 year lags at 5% and 10% levels. Therefore, we conclude that increases in oil prices have had a positive impact on the exchange rates over the period between 1982:12 and 2006:05.
- Źródło:
-
International Journal of Emerging and Transition Economies (IJETE); 2008, 1, 2; 181-189
1308-2701 - Pojawia się w:
- International Journal of Emerging and Transition Economies (IJETE)
- Dostawca treści:
- Biblioteka Nauki
Artykuł