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The Impact of Oil Price Changes on Inflation in Pakistan

Year 2016, Volume: 6 Issue: 4, 727 - 737, 01.12.2016

Afia Malik

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

Oil Prices Inflation Pakistan.

Year 2016, Volume: 6 Issue: 4, 727 - 737, 01.12.2016

Afia Malik

Abstract

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Details

Other ID JA92YY36ZF
Journal Section Research Article
Authors

Afia Malik This is me

Publication Date December 1, 2016
Published in Issue Year 2016 Volume: 6 Issue: 4

Cite

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.
AMA Malik A. The Impact of Oil Price Changes on Inflation in Pakistan. IJEEP. December 2016;6(4):727-737.
Chicago Malik, Afia. “The Impact of Oil Price Changes on Inflation in Pakistan”. International Journal of Energy Economics and Policy 6, no. 4 (December 2016): 727-37.
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 A. Malik, “The Impact of Oil Price Changes on Inflation in Pakistan”, IJEEP, vol. 6, no. 4, pp. 727–737, 2016.
ISNAD Malik, Afia. “The Impact of Oil Price Changes on Inflation in Pakistan”. International Journal of Energy Economics and Policy 6/4 (December 2016), 727-737.
JAMA 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, 2016, pp. 727-3.
Vancouver Malik A. The Impact of Oil Price Changes on Inflation in Pakistan. IJEEP. 2016;6(4):727-3.