Oil price shocks and macroeconomic activities in ASEAN-5 countries: A panel VAR Approach

The paper investigates the asymmetric effects of oil price shocks on real economic activities in ASEAN-5 from 1991 to 2014 using an unrestricted panel Vector Auto Regressive (VAR) method.Results from the impulse response function (IRFs) show evidence of an asymmetric relationship between oil prices...

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Bibliographic Details
Main Authors: Azman Aziz, Mukhriz Izraf, Dahalan, Jauhari
Format: Article
Language:English
Published: International Ataturk Alatoo University 2015
Subjects:
Online Access:http://repo.uum.edu.my/18274/1/EJBE%208%2016%202015%20101-120.pdf
http://repo.uum.edu.my/18274/
http://doi.org/10.17015/ejbe.2015.016.06
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