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the impact of oil price shock on malaysia real gdp growth

Essay specific features

 

Issue:

Business

 

Written by:

Frances B

 

Date added:

June 30, 2015

 

Level:

 

Grade:

A

 

No of pages / words:

17 / 4742

 

Was viewed:

9268 times

 

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Essay content:

Using yearly data for the Malaysia real GDP from (1970) and world oil price from (2007) Keywords: GDP, Oil Price, ADF Unit Root Test, Cointegration Test and Granger Causality. 1.0 INTRODUCTION The aim of this paper is to investigate the impact of these variables on Malaysia GDP by using the most recent time series data and also reexamine the empirical link between oil price shocks and GDP, which has been well documented in the literature, to produce additional evidence...
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A growing body of literature has provided evidence on several features of empirical relationship between oil price shocks and GDP. These features have been emerged by a change in the pattern of oil price movements since the mid-1980s. There were lots of oil prices increases before the mid-1980s, and since then, there have been both increases and decreases in the price of oil...
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