Konferans Bildirisi

Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price

Cilt: 3 Sayı: 3 1 Eylül 2013
  • Aynur Pala
International Journal of Energy Economics and Policy Kapak
International Journal of Energy Economics and Policy
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Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price

Abstract

This papers investigated form of the linkage beetwen crude oil price index and food price index, using Johansen Cointegration test, and Granger Causality by VECM. Empirical results for monthly data from 1990:01 to 2011:08 indicated that evidence for breaks after 2008:08 and 2008:11. We find a clear long-run relationship between these series for the full and sub sample. Cointegration regression coefficient is negative at the 1990:01-2008:08 time period, but adversely positive at the 2008:11-2011:08 time period. This results represent that relation between crude oil and food price chanced.

Keywords

Ayrıntılar

Birincil Dil

İngilizce

Konular

Mühendislik

Bölüm

Konferans Bildirisi

Yazarlar

Aynur Pala Bu kişi benim

Yayımlanma Tarihi

1 Eylül 2013

Gönderilme Tarihi

1 Eylül 2013

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2013 Cilt: 3 Sayı: 3

IZ

https://izlik.org/JA45BN24CB

Kaynak Göster

RIS / Bibtex
APA
Pala, A. (2013). Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price. International Journal of Energy Economics and Policy, 3(3), 238-246. https://izlik.org/JA45BN24CB
AMA
1.Pala A. Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price. IJEEP. 2013;3(3):238-246. https://izlik.org/JA45BN24CB
Chicago
Pala, Aynur. 2013. “Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price”. International Journal of Energy Economics and Policy 3 (3): 238-46. https://izlik.org/JA45BN24CB.
EndNote
Pala A (01 Eylül 2013) Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price. International Journal of Energy Economics and Policy 3 3 238–246.
IEEE
[1]A. Pala, “Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price”, IJEEP, c. 3, sy 3, ss. 238–246, Eyl. 2013, [çevrimiçi]. Erişim adresi: https://izlik.org/JA45BN24CB
ISNAD
Pala, Aynur. “Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price”. International Journal of Energy Economics and Policy 3/3 (01 Eylül 2013): 238-246. https://izlik.org/JA45BN24CB.
JAMA
1.Pala A. Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price. IJEEP. 2013;3:238–246.
MLA
Pala, Aynur. “Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price”. International Journal of Energy Economics and Policy, c. 3, sy 3, Eylül 2013, ss. 238-46, https://izlik.org/JA45BN24CB.
Vancouver
1.Aynur Pala. Structural Breaks, Cointegration, and Causality by VECM Analysis of Crude Oil and Food Price. IJEEP [Internet]. 01 Eylül 2013;3(3):238-46. Erişim adresi: https://izlik.org/JA45BN24CB