Effect of oil prices in different countries - GDP

Registration ID: IJNRD_188137

Published ID: IJNRD2303171

DOI: Click Here to Get

Nataraj. N , Dilshath hussain.T , Paranthaman. K

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.

Published Paper   E-Certificate

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

Volume 8 Issue 3, March-2023

Pages : b587-b593

Paper Reg. ID: IJNRD_188137

Published Paper Id: IJNRD2303171

Downloads: 000121977

Research Area: Management

Country: Chennai, Tamil Nadu, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2303171.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2303171

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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