The relationship between global oil price shocks and China's output: A time-varying analysis *

@inproceedings{Cross2017TheRB,
  title={The relationship between global oil price shocks and China's output: A time-varying analysis *},
  author={Jamie Cross and Bao Hoang Nguyen},
  year={2017}
}
We employ a class of time-varying Bayesian vector autoregressive (VAR) models on new standard dataset of China's GDP constructed by Chang et al. (2015) to examine the relationship between China's economic growth and global oil market fluctuations between 1992Q1 and 2015Q3. We find that: (1) the time varying parameter VAR with stochastic volatility provides a better fit as compared to it's constant counterparts; (2) the impacts of intertemporal global oil price shocks on China's output are often… CONTINUE READING
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References

Publications referenced by this paper.

The relationship between global oil price shocks and China’s output: A time-varying analysis, Energy Economics (2016)

Cross, Jamie, Nguyen, H Bao
  • 2016