Publication:
Evaluating the mechanism of oil price shocks and fiscal policy responses in the Malaysian economy

dc.citedby3
dc.contributor.authorBekhet H.A.en_US
dc.contributor.authorYusoff N.Y.M.en_US
dc.contributor.authorid37100908800en_US
dc.contributor.authorid55812094300en_US
dc.date.accessioned2023-12-28T04:13:02Z
dc.date.available2023-12-28T04:13:02Z
dc.date.issued2013
dc.description.abstractThe paper aims to explore the symmetric impact of oil price shock on economy, to understand its mechanism channel and how fiscal policy response towards it. The Generalized Impulse Response Function and Variance Decomposition under the VAR methodology were employed. The empirical findings suggest that symmetric oil price shock has a positive and direct impact on oil revenue and government expenditure. However, the real GDP is vulnerable in a short-term but not in the long term period. These results would confirm that fiscal policy is the main mechanism channel that mitigates the adverse effects oil price shocks to the economy. � Published under licence by IOP Publishing Ltd.en_US
dc.description.natureFinalen_US
dc.identifier.ArtNo12010
dc.identifier.doi10.1088/1755-1315/16/1/012010
dc.identifier.issue1
dc.identifier.scopus2-s2.0-84881096900
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84881096900&doi=10.1088%2f1755-1315%2f16%2f1%2f012010&partnerID=40&md5=7f4230789298dbb5a2ef82398d47e3e0
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/29430
dc.identifier.volume16
dc.publisherInstitute of Physics Publishingen_US
dc.relation.ispartofAll Open Access; Gold Open Access
dc.sourceScopus
dc.sourcetitleIOP Conference Series: Earth and Environmental Science
dc.subjectMalaysia
dc.subjectEconomics
dc.subjectAdverse effect
dc.subjectEmpirical findings
dc.subjectFiscal policies
dc.subjectGovernment expenditure
dc.subjectImpulse response functions
dc.subjectLong-term period
dc.subjectOil price shocks
dc.subjectVariance decomposition
dc.subjectconference proceeding
dc.subjectexpenditure
dc.subjectfiscal policy
dc.subjectGross Domestic Product
dc.subjectoil trade
dc.subjectpolicy analysis
dc.subjectCosts
dc.titleEvaluating the mechanism of oil price shocks and fiscal policy responses in the Malaysian economyen_US
dc.typeConference paperen_US
dspace.entity.typePublication
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