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The Impact of Technological Capabilities on Invention: An Investigation Based on Country Responsiveness Scores

✍ Scribed by Cerulli, Giovanni

Book ID
121885843
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
592 KB
Volume
59
Category
Article
ISSN
0305-750X

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The impact of oil prices on GDP in Europ
The impact of oil prices on GDP in European countries: An empirical investigation based on asymmetric cointegration
✍ Sandrine Lardic; ValΓ©rie Mignon πŸ“‚ Article πŸ“… 2006 πŸ› Elsevier Science 🌐 English βš– 168 KB

This paper investigates the existence of a long-term relationship between oil prices and GDP in 12 European countries. To account for the fact that economic activity responds asymmetrically to oil price shocks, we propose an approach based on asymmetric cointegration. Our results show that, while st