Dynamic linkage between oil shocks and economic growth: New evidence from Alaska

被引：1
|
作者：
Baek, Jungho [1 ]
机构：
[1] Univ Alaska Fairbanks, Coll Business & Secur Management, Fairbanks, AK 99775 USA
来源：
RESOURCES POLICY | 2023年 / 85卷
关键词：
Alaska; Asymmetry; Oil demand; Oil supply; PRICE SHOCKS; GDP GROWTH; MACROECONOMY; INCREASES; ENERGY; PERFORMANCE; ASYMMETRY; RESPONSES; IMPACT;
D O I：
10.1016/j.resourpol.2023.104030
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
The long- and short-run impacts of oil supply and demand shocks on economic growth are investigated for Alaska. The responses to positive and negative oil shocks are allowed to be asymmetric. The structural VAR as well as ARDL/NARDL techniques are considered. We discover that oil supply and demand shocks are significant forces affecting Alaska's growth in the short run, but not in the long run. We also reveal no evidence of asymmetric effects in both the short and long run.
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页数：8
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