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:
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
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