The Effects of Oil Prices on Macroeconomic Variables: Evidence from Azerbaijan
<p>This study investigates the impact of oil prices on economic growth, export, inflation and exchange rate in Azerbaijan, employing Johansen cointegration and VECM methods to the data spanning from 2005:01 to 2019:01. The results from the Johansen cointegration method confirm the presence of...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2019-11-01
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Series: | International Journal of Energy Economics and Policy |
Online Access: | https://www.econjournals.com/index.php/ijeep/article/view/8446 |