[PDF] Top 20 Effects of Oil Price Shocks on the Ghanaian Economy

... crude oil, the stakes are quite high that in the near future the country could wean herself off the high crude product ...exporting economy with heavy dependence on ...between oil price ... See full document

... the oil price. Of course, the exact nature of the recent oil price hike is unknown or at least highly uncertain, but both market expectations and an assessment of medium-term oil market ... See full document

... the oil price shock in this area of ...that oil price shocks are mainly demand driven in the last decades and thus supply-side events do not exercise significant effects in ... See full document

... of Oil Price Shocks and Their Effects on Indonesia: A Structural Vector Autoregression ...of oil price shocks as well as the effects of different type of the ... See full document

... asymmetric effects of oil price shock on Iran economic growth as an oil exporting country for the period of 1980-2010 using Johansen cointegration ...that oil shocks have a ... See full document

... in oil price has become mild in recent ...crude oil price change can affect Real Gross Domestic Product (GDP), Consumer Price Index (CPI) and interest rates, (ii) Co- movement of the ... See full document

... of price change in ...between oil price and PPI (see the lower half of Table ...of oil-price shock emerges gradually, and it takes about 2-3 months to complete the inflationary ... See full document

... the oil price ...the price has a disproportionate effect on the macroeconomic ...of oil prices is more disadvantageous to macroeconomic development indicators than the recurrent but ... See full document

... macroeconomic effects of oil price shocks in ...risk-premium shocks and comprehensively assess their consequences on international competitiveness and the State Bank management of the ... See full document

... the effects of oil price shocks on macroeconomic variables such as output and prices in Ghana and how monetary policy has in the past contributed to the impact of this ... See full document

... crude oil prices fluctuation and great draw back and insignificant impact on the economic development activity (2010 - ...crude oil prices and apprehensive about the prospective impact of oil ... See full document

... Although oil prices plays a key role in industrial production and social and economic development of countries, many studies have focused on the existence relationship between oil price shocks ... See full document

... The effects of oil price shocks on economic activity get immense attention by researches because of oil crisis of ...between oil prices and real economic activity until the ... See full document

... between oil price shocks and economic and financial activity has grown quite large in recent years and has covered a number of ...between oil price shocks and economic ...of ... See full document

... channel, oil price shocks can cause consumer prices to ...the oil price in the price ...the effects of oil price changes on inflation in the US under a ... See full document

... of oil price changes on the macroeconomic performance of Ukraine, a net oil importer, using a Structural VAR/VECM approach for the period between 1996 and ...world price of oil. The ... See full document

... Again, since income in both home and host countries affect remittances, we include the ratio of GDP in Egypt to GDP in the top host country (hostgdp) in our model. Remittances are strongly pro-cyclical vis-à-vis sending ... See full document

... of oil prices on the macro economy have provided different results on the ...an oil price increase had positive effect on the growth of an economy (Shafi and Hua, 2014; Jiranyakul, ... See full document

... on oil prices, however, it must be mentioned that the bulk of these studies assume linearity of oil price changes in their respective ...asymmetric effects of oil price ...of ... See full document

... non-OPEC oil production Granger causes growth in OPEC oil ...OPEC oil production decreases significantly with positive shocks to non- OPEC oil production in the earlier period, but does ... See full document