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Understanding the oil price-exchange rate nexus for the Fiji islands

✍ Scribed by Paresh Kumar Narayan; Seema Narayan; Arti Prasad

Book ID
118435929
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
603 KB
Volume
30
Category
Article
ISSN
0140-9883

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πŸ“œ SIMILAR VOLUMES

Exploring the oil price and real GDP nex
Exploring the oil price and real GDP nexus for a small island economy, the Fiji Islands
✍ Arti Prasad; Paresh Kumar Narayan; Jashwini Narayan πŸ“‚ Article πŸ“… 2007 πŸ› Elsevier Science 🌐 English βš– 162 KB

The goal of this paper is to examine the relationship between real GDP and oil prices using time series data for the period 1970-2005. Our main finding is that an increase in oil has a positive, albeit inelastic, impact on real GDP, inconsistent with the bulk of the literature. We argue that this is