Determining the Functional Form of Relationships between Oil Prices and Macroeconomic Variables: The Case of Mexico, Indonesia, South Korea, Turkey Countries

The aim of this study is to investigate that how economic conditions change when crude oil shocks occured in 1980-2013 for MIST countries. Another objective of the study is to determine accurately the functional forms of the relationships between oil prices and macroeconomic variables. For this aim,...

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Bibliographic Details
Main Authors: Ebru Caglayan Akay, Sinem Guler Kangalli Uyar
Format: Article
Language:English
Published: EconJournals 2016-05-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353753?publisher=http-www-cag-edu-tr-ilhan-ozturk