An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia

This study examines the pass-through of crude oil prices into economic activities of Malaysia including industrial production index (IP), consumer price index (CPI), real effective exchange rate (REER), interest rate (IR) and stock price index (SPI) within the framework of hidden cointegration techn...

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Main Author:	Alom, Fardous
Format:	Conference or Workshop Item
Language:	English English English
Published:	2015
Subjects:	HB131 Methodology.Mathematical economics. Quantitative methods
Online Access:	http://irep.iium.edu.my/41519/ http://irep.iium.edu.my/41519/ http://irep.iium.edu.my/41519/ http://irep.iium.edu.my/41519/1/bkk_conf.pdf http://irep.iium.edu.my/41519/3/an_investigation_into_the_crude_oil.pdf http://irep.iium.edu.my/41519/6/41519_An%20Investigation%20into%20the%20Crude%20Oil%20Price%20Pass_Scopus.pdf

id	iium-41519
recordtype	eprints
spelling	iium-415192017-09-23T07:05:44Z http://irep.iium.edu.my/41519/ An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia Alom, Fardous HB131 Methodology.Mathematical economics. Quantitative methods This study examines the pass-through of crude oil prices into economic activities of Malaysia including industrial production index (IP), consumer price index (CPI), real effective exchange rate (REER), interest rate (IR) and stock price index (SPI) within the framework of hidden cointegration technique over the quarterly data ranging from 1987 to 2013. The estimated results suggest that positive and negative changes of IP, CPI, REER, IR and SPI do not maintain a long-run association with positive as well as negative changes of real crude oil prices excepting negative changes in IP. Negative changes in IP are found to be cointegrated with the positive changes of crude oil prices. Although Malaysia is considered as one of the net oil exporter country, the higher oil prices still dampen the industrial production in the long run; the findings is consistent with Ali Ahmed and Wadud (2011). 2015-05-28 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/41519/1/bkk_conf.pdf application/pdf en http://irep.iium.edu.my/41519/3/an_investigation_into_the_crude_oil.pdf application/pdf en http://irep.iium.edu.my/41519/6/41519_An%20Investigation%20into%20the%20Crude%20Oil%20Price%20Pass_Scopus.pdf Alom, Fardous (2015) An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia. In: 2015 International Conference on Alternative Energy in Developing Countries and Emerging Economies (2015 AEDCEE), 28-29 May, 2015, Sheraton Grande Sukhumvit Hotel, Bangkok, Thailand. http://www.sci.tsu.ac.th/2015aedcee/ 10.1016/j.egypro.2015.11.531
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English English
topic	HB131 Methodology.Mathematical economics. Quantitative methods
spellingShingle	HB131 Methodology.Mathematical economics. Quantitative methods Alom, Fardous An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia
description	This study examines the pass-through of crude oil prices into economic activities of Malaysia including industrial production index (IP), consumer price index (CPI), real effective exchange rate (REER), interest rate (IR) and stock price index (SPI) within the framework of hidden cointegration technique over the quarterly data ranging from 1987 to 2013. The estimated results suggest that positive and negative changes of IP, CPI, REER, IR and SPI do not maintain a long-run association with positive as well as negative changes of real crude oil prices excepting negative changes in IP. Negative changes in IP are found to be cointegrated with the positive changes of crude oil prices. Although Malaysia is considered as one of the net oil exporter country, the higher oil prices still dampen the industrial production in the long run; the findings is consistent with Ali Ahmed and Wadud (2011).
format	Conference or Workshop Item
author	Alom, Fardous
author_facet	Alom, Fardous
author_sort	Alom, Fardous
title	An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia
title_short	An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia
title_full	An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia
title_fullStr	An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia
title_full_unstemmed	An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia
title_sort	investigation into the crude oil price pass-through to the macroeconomic activities of malaysia
publishDate	2015
url	http://irep.iium.edu.my/41519/ http://irep.iium.edu.my/41519/ http://irep.iium.edu.my/41519/ http://irep.iium.edu.my/41519/1/bkk_conf.pdf http://irep.iium.edu.my/41519/3/an_investigation_into_the_crude_oil.pdf http://irep.iium.edu.my/41519/6/41519_An%20Investigation%20into%20the%20Crude%20Oil%20Price%20Pass_Scopus.pdf
first_indexed	2023-09-18T20:59:27Z
last_indexed	2023-09-18T20:59:27Z
_version_	1777410524792750080

An investigation into the crude oil price pass-through to the macroeconomic activities of Malaysia

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