Asymmetric Effect of Crude Oil and Palm Oil Prices on Economic Growth: Evidence from Indonesia
Laila, Nisful and Prabheesh, K P (2020) Asymmetric Effect of Crude Oil and Palm Oil Prices on Economic Growth: Evidence from Indonesia. Buletin Ekonomi Moneter dan Perbankan, 23 (2). pp. 253-268. ISSN 1410-8046
|
Text
scopusresults (9).pdf - Accepted Version Download (61kB) | Preview |
Abstract
This paper empirically examines the impact of the price of crude oil petrol and palm oil on Indonesia's output. Using quarterly data from 2000Q1 to 2019Q2 and both linear and non-linear autoregressive distributed lag approaches to cointegration, we find: 1) a significant non-linear effect of oil prices on the country's output; 2) a decline in prices of oil can have a greater impact on the country's output as compared to an increase in oil prices; and 3) the palm oil price changes have a bigger effect on the country's output compared to petroleum price.
| IITH Creators: |
|
||||
|---|---|---|---|---|---|
| Item Type: | Article | ||||
| Uncontrolled Keywords: | Non-linear autoregressive distributed lag model,Oil price,Palm oil | ||||
| Subjects: | Social sciences Social sciences > Political Science & Economics Social sciences > Social Services Social sciences > Social Sciences Mathematical Methods Arts > Liberal arts |
||||
| Divisions: | Department of Liberal Arts | ||||
| Depositing User: | . LibTrainee 2021 | ||||
| Date Deposited: | 30 Mar 2021 04:15 | ||||
| Last Modified: | 30 Mar 2021 04:15 | ||||
| URI: | http://raiithold.iith.ac.in/id/eprint/7731 | ||||
| Publisher URL: | http://doi.org/10.21098/bemp.v23i1.1304 | ||||
| Related URLs: |
Actions (login required)
 |
View Item |
|
Statistics for this ePrint Item |
Altmetric
Altmetric