Книга: Raed Ali Al-Gowear Al-Mestneer «Does the U. S dollar have an effect on the price of oil?»
|
Производитель: "LAP Lambert Academic Publishing" This study aims at investigating the following: first, whether the U. S exchange rate has a negative effect on the price of crude oil or not; second, whether there is a unidirectional relationship or not that runs from the U. S dollar exchange rate to the price of crude oil by conducting a Granger causality test; third, verify whether there is a long- run relationship between our proposed variables by conducting a co-integrated test by using the Engle-Granger test. This study finds a significant negative bivariate relation between the price of crude oil and the U. S dollar exchange rate when using monthly data. Furthermore, when using the same annual values of the two variables, this study shows that change of U. S dollar exchange rate does Granger cause the change in the price of crude oil at 5% level of significance, however, the oil price does not Granger cause change in U. S exchange rate at 5% level of significance. Therefore, the existence of a one way (unidirectional) effect is... ISBN:9783847379935 Издательство: "LAP Lambert Academic Publishing" (2012)
ISBN: 9783847379935 |
См. также в других словарях:
price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… … Financial and business terms
Athabasca Oil Sands — The Athabasca Oil Sands (also known as the Athabasca Tar Sands) are large deposits of bitumen, or extremely heavy crude oil, located in northeastern Alberta, Canada. These oil sands consist of a mixture of crude bitumen (a semi solid form of… … Wikipedia
Peak oil — A logistic distribution shaped production curve, as originally suggested by M. King Hubbert in 1956 … Wikipedia
Domestic responses to the 2011 Egyptian revolution — This article is about the domestic responses to the 2011 Egyptian protests. For international reactions, see International reactions to the 2011 Egyptian revolution. There have been numerous domestic responses to the Egyptian Revolution of 2011.… … Wikipedia
Energy policy of the United States — The energy policy of the United States is determined by federal, state and local public entities in the United States, which address issues of energy production, distribution, and consumption, such as building codes and gas mileage standards.… … Wikipedia
Economic history of Greece and the Greek world — The economic history of the Greek World spans several millennia and encompasses many modern day nation states. Since the focal point of the center of the Greek World often changed it is necessary to enlarge upon all these areas as relevant to the … Wikipedia
