文章基本信息

标题：The Asymmetric Impact of Oil Price Shocks on Kazakhstan Macroeconomic Dynamics: A Structural Vector Autoregression Approach
本地全文：下载
作者：Nezir Köse ; Sabit Baimaganbetov
期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2015
卷号：5
期号：4
页码：1058-1064
语种：English
出版社：EconJournals
摘要：This paper assesses empirically the asymmetric effects of real oil price shocks on the industrial production, real exchange rate and inflation in Kazakhstan for the monthly period 2000-2013 by using a Structural VAR model. Structural VAR analysis is carried out using the scaled model. The empirical findings show that the negative oil price shocks have a larger impact on Kazakhstan economic performance. Keywords: Oil price shocks, structural VAR, asymmetric effects, Kazakhstan. JEL classification : C22; C32; Q43
其他摘要：This paper assesses empirically the asymmetric effects of real oil price shocks on the industrial production, real exchange rate and inflation in Kazakhstan for the monthly period 2000-2013 by using a Structural VAR model. Structural VAR analysis is carried out using the scaled model. The empirical findings show that the negative oil price shocks have a larger impact on Kazakhstan economic performance. Keywords: Oil price shocks, structural VAR, asymmetric effects, Kazakhstan. JEL classification : C22; C32; Q43