The effects of changes in oil prices on the russian economy
ESPACIOS, cilt.40, sa.14, ss.15-30, 2019 (Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 40 Sayı: 14
- Basım Tarihi: 2019
- Dergi Adı: ESPACIOS
- Derginin Tarandığı İndeksler: Scopus
- Sayfa Sayıları: ss.15-30
- Ankara Hacı Bayram Veli Üniversitesi Adresli: Evet
Özet
The effects of oil prices on macroeconomic indicators, the capable of economic policy makers to diagnose correctly relations between macroeconomic indicators makes a significant contribution to ensuring stability. In this study, the effect of oil prices on macroeconomic variables of Russia has been analyzed using Granger Causality and VAR model for the period January 2010 - April 2017. The results of the studies are expected that it will be a guide for economic policy makers in Russia.