framework. Finally, we obtain evidence, by means of a time-varying VAR, that the impact of the oil price shock on GDP growth has …. Although neither of the two series (oil price and GDP growth rates) presents structural breaks in mean, we identify different … changes in oil prices and GDP growth when considering the full period. However, we find a significant relationship in some …

apply a Threshold Structural VAR approach, characterized by a separation of the observations into different regimes based on …

autoregressive models for the period 2002Q1-2018Q4. Our key results are as follows. First, quarterly GDP growth decreases after oil …

importing country, South Africa. Monthly data covering the period 1990:01 to 2015:12 is used. The Structural Vector … contributes substantially to variations in real output, inflation and various macroeconomic variables of South Africa. Therefore …, SVAR analysis reveals the significant role of exogenous oil prices on the economy of South Africa when price uncertainty …

This paper examines the impact of Chinese economic growth on the real price of crude oil based on monthly time series …

product (GDP) growth rate and the consumer price index (CPI) inflation rate, in three countries, the People's Republic of … impact of oil price fluctuations on developed oil importers' GDP growth is much milder than on the GDP growth of an emerging …