Název: The Impact of Oil Prices on Macroeconomic Indicators in Azerbaijan and Georgia
Překlad názvu: The Impact of Oil Prices on Macroeconomic Indicators in Azerbaijan and Georgia
Autoři: Karimov, Farhad ; Horváth, Roman (vedoucí práce) ; Kraicová, Lucie (oponent)
Typ dokumentu: Diplomové práce
Rok: 2015
Jazyk: eng
Abstrakt: Using a multivariate vector autoregression (VAR) approach, this paper investigates the relationships between oil price and macroeconomic indicators of closely interrelated developing economies of oil exporting Azerbaijan and oil importing Georgia based on monthly time series from January 2001 to November 2012. The model is estimated for each country separately and the results are object for comparison. The empirical evidence suggests that oil price has significant effects on macroeconomy in both countries. In particular, these effects are positive for all 3 macroeconomic variables on the example of Azerbaijan. On the example of Georgia, these effects are positive for GDP and inflation rate, and, negative for exchange rate. On the other hand, macroeconomic indicators of Azerbaijan fail to affect oil price level.
Klíčová slova: Azerbaijan; Georgia; Macroeconomic indicators; Oil prices; VAR models

Instituce: Fakulty UK (VŠKP) (web)
Informace o dostupnosti dokumentu: Dostupné v digitálním repozitáři UK.
Původní záznam: http://hdl.handle.net/20.500.11956/70443

Trvalý odkaz NUŠL: http://www.nusl.cz/ntk/nusl-339569


Záznam je zařazen do těchto sbírek:
Školství > Veřejné vysoké školy > Univerzita Karlova > Fakulty UK (VŠKP)
Vysokoškolské kvalifikační práce > Diplomové práce