The Impact of Oil Prices on the Food Inflation in Kazakhstan

<p>This paper assesses empirically the effects of real oil price shocks on the food inflation in Kazakhstan for the monthly period 2004-2019 by using a VAR model. Standard unit root tests do not yield reliable results in the presence of breaks. In this regard, Zivot-Andrews (1992) has been tes...

Full description

Bibliographic Details
Main Authors: Sabit Baimaganbetov, Dinmukhamed Kelesbayev, Gulzhan Baibosynova, Rima Yermankulova, Botagoz Dandayeva
Format: Article
Language:English
Published: EconJournals 2021-04-01
Series:International Journal of Energy Economics and Policy
Online Access:https://econjournals.com/index.php/ijeep/article/view/10844