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The Oil-Macroeconomy Relationship in the Czech Republic

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00095745" target="_blank" >RIV/00216224:14560/14:00095745 - isvavai.cz</a>

  • Result on the web

    <a href="http://fim.uhk.cz/hed/images/sbornik2014_4.pdf" target="_blank" >http://fim.uhk.cz/hed/images/sbornik2014_4.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    The Oil-Macroeconomy Relationship in the Czech Republic

  • Original language description

    This article examines the influence of oil prices on the GDP in the various model and data specifications. The goal is to identify whether the oil prices exhibit significant influence on the selected macroeconomic indicators. Data show that oil prices are significant in the relation to the GDP growth. The differences between the various asymmetric or nonlinear oil price measures are not very profound. Furthermore, the data specification appears to be an important factor. Interannual data provide more stable estimation results and better explain the variance in the GDP growth than interperiod data. The oil-GDP relationship is mostly unidirectional from oil to GDP.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50200 - Economics and Business

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Hradec Economic Days 2014

  • ISBN

    9788074353697

  • ISSN

  • e-ISSN

  • Number of pages

    7

  • Pages from-to

    185-191

  • Publisher name

    Gaudeamus

  • Place of publication

    Hradec Králové

  • Event location

    Hradec Králové

  • Event date

    Jan 1, 2014

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article

    000398250300024