Paper Title
Effect of oil prices in different countries - GDP
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Abstract
The goal of the paper is to examine the effect of oil prices in different countries on macroeconomic variable as GDP. Let us take the 4 different countries (based on both developing and developed countries) such as Brazil, Russia, India and China. The main objective of this paper is to investigate that whether these macroeconomies are still reactive to oil price movements and comparing their reactions. Monetary variables are also included in this survey because our previous research showed that they have vital role in oil price determination. This paper employed an empirical analysis to examine the impacts of oil price on GDP of the four largest fast growing emerging economies Brazil, Russia, India and China known collectively as the BRIC countries using a sample of observations from 1987 to 2022. Based on the Brazil as average value, we are taken the oil prices for the remaining countries which we taken as Russia, India and China.
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How To Cite (APA)
Nataraj. N, Dilshath hussain.T, & Paranthaman. K (March-2023). Effect of oil prices in different countries - GDP. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(3), b587-b593. https://ijnrd.org/papers/IJNRD2303171.pdf
Issue
Volume 8 Issue 3, March-2023
Pages : b587-b593
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Paper Reg. ID: IJNRD_188137
Published Paper Id: IJNRD2303171
Downloads: 000122253
Research Area: Management
Author Type: Indian Author
Country: Chennai, Tamil Nadu, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2303171.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2303171
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