The Impact of Oil Price Changes on Inflation in Pakistan

Volume: 6 Number: 4 December 1, 2016
  • Afia Malik
International Journal of Energy Economics and Policy Cover
International Journal of Energy Economics and Policy
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The Impact of Oil Price Changes on Inflation in Pakistan

Abstract

Oil prices have fluctuated enormously in recent years. Strong volatility in oil prices has serious implications for Pakistan’s economy given its substantial dependence on imported fuels. Energy prices have a crucial role behind inflation rates in Pakistan and it is proved in this study. We estimate the effects of oil price changes on inflation for Pakistan using an augmented Phillips curve framework. Our results suggest a strong oil price-inflation relationship, especially when oil prices are rising continuously over the past one year.

Keywords

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Primary Language

English

Subjects

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Journal Section

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Authors

Afia Malik This is me

Publication Date

December 1, 2016

Submission Date

December 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 4

IZ

https://izlik.org/JA79ET79EF

Cite

RIS / Bibtex
APA
Malik, A. (2016). The Impact of Oil Price Changes on Inflation in Pakistan. International Journal of Energy Economics and Policy, 6(4), 727-737. https://izlik.org/JA79ET79EF
AMA
1.Malik A. The Impact of Oil Price Changes on Inflation in Pakistan. IJEEP. 2016;6(4):727-737. https://izlik.org/JA79ET79EF
Chicago
Malik, Afia. 2016. “The Impact of Oil Price Changes on Inflation in Pakistan”. International Journal of Energy Economics and Policy 6 (4): 727-37. https://izlik.org/JA79ET79EF.
EndNote
Malik A (December 1, 2016) The Impact of Oil Price Changes on Inflation in Pakistan. International Journal of Energy Economics and Policy 6 4 727–737.
IEEE
[1]A. Malik, “The Impact of Oil Price Changes on Inflation in Pakistan”, IJEEP, vol. 6, no. 4, pp. 727–737, Dec. 2016, [Online]. Available: https://izlik.org/JA79ET79EF
ISNAD
Malik, Afia. “The Impact of Oil Price Changes on Inflation in Pakistan”. International Journal of Energy Economics and Policy 6/4 (December 1, 2016): 727-737. https://izlik.org/JA79ET79EF.
JAMA
1.Malik A. The Impact of Oil Price Changes on Inflation in Pakistan. IJEEP. 2016;6:727–737.
MLA
Malik, Afia. “The Impact of Oil Price Changes on Inflation in Pakistan”. International Journal of Energy Economics and Policy, vol. 6, no. 4, Dec. 2016, pp. 727-3, https://izlik.org/JA79ET79EF.
Vancouver
1.Afia Malik. The Impact of Oil Price Changes on Inflation in Pakistan. IJEEP [Internet]. 2016 Dec. 1;6(4):727-3. Available from: https://izlik.org/JA79ET79EF