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Impact of crude oil price on countries’ and Vietnam’s GDP growth: Variance decomposition approach

Chia sẻ: Nan Bui | Ngày: | Loại File: PDF | Số trang:11

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The crude oil price fluctuation investigation is to explore the impact of crude oil price shocks on the countries’ economic growth. The Vector Autoregressive Model (VAR) was applied and the variance decomposition is to analyze the impact of the GDP growth due to the shock of the crude oil price.

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Nội dung Text: Impact of crude oil price on countries’ and Vietnam’s GDP growth: Variance decomposition approach

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