An Analysis of Oil Price Volatility Using VAR: Evidence From Pakistan

dc.contributor.author	Abdul Rafay
dc.contributor.author	Saqib Farid
dc.date.accessioned	2016-03-17T05:35:06Z
dc.date.available	2016-03-17T05:35:06Z
dc.date.issued	2015-09
dc.identifier.citation	The Lahore Journal of Business, Volume 4, No.1	en_US
dc.identifier.issn	2223-0025
dc.identifier.uri	http://hdl.handle.net/123456789/14378
dc.description	4 : 1 (Autumn 2015): pp. 23–36	en_US
dc.description.abstract	Oil is a crucial economic input and Pakistan’s growth, production levels, and price levels are affected significantly by oil price volatility. This paper captures the impact of oil price shocks on Pakistan’s economy by considering variables such as gross domestic product, the wholesale price index, and largescale manufacturing index. Our analysis is based on vector autoregression and the results are in line with similar studies. We also determine the precise shortterm or long-term impact of oil price volatility on the relevant variables.	en_US
dc.language.iso	en	en_US
dc.publisher	© Lahore School of Economics	en_US
dc.subject	vector autoregression	en_US
dc.subject	gross domestic product	en_US
dc.subject	wholesale price index	en_US
dc.subject	oil price volatility	en_US
dc.title	An Analysis of Oil Price Volatility Using VAR: Evidence From Pakistan	en_US
dc.type	Article	en_US