文章基本信息

标题：The Causal Relationship between Crude Oil Price, Exchange Rate and Rice Price
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作者：Pasrun Adam ; Rosnawintang Rosnawintang ; La Ode Saidi 等
期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2018
卷号：8
期号：1
页码：90-94
语种：English
出版社：EconJournals
摘要：This study aims to examine the causal relationship between crude oil price, IDR/EUR exchange rate, and rice price by using monthly data from January 2000 to September 2017. The result of data analysis using VAR model shows that there is no long-term relationship between crude oil price, IDR/EUR exchange rate, and the price of rice. The relationhip that happens is only in short-term one. Granger causality test result shows that the direction of relationship is from crude oil price and IDR/EUR exchange rate to rice price. The relationship between crude oil price and rice price is positive, while the relationship between IDR/EUR exchange rate and rice price is positive before the third month. However, this relationship turns into negative after the third month.
关键词：Crude oil price; exchange rate; rice price; VAR model.