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Full-Text Articles in Macroeconomics

A Multivariate Analysis Of The Causal Flow Between Renewable Energy Consumption And Gdp In Tunisia, Maamar Sebri, Ousama Ben Salha Dec 2013

A Multivariate Analysis Of The Causal Flow Between Renewable Energy Consumption And Gdp In Tunisia, Maamar Sebri, Ousama Ben Salha

Maamar Sebri

No abstract provided.


Cointegration Analysis Of Oil Prices And Consumer Price Index In South Africa Using Stata Software, Mphumuzi A. Sukati Mr Jan 2013

Cointegration Analysis Of Oil Prices And Consumer Price Index In South Africa Using Stata Software, Mphumuzi A. Sukati Mr

Mphumuzi A Sukati Mr

This paper investigates the concept of vector autoregression (VAR) and cointegration using a bivariate model of global oil prices and headline Consumer Price Index (CPI) in South Africa. The study aims to determine how much of inflation is driven by oil prices. Particular attention is paid to the theoretical underpinnings of cointergration analysis and the application of STATA software to undertake such analysis and perform test statistics. Contrary to the popular myth that a rise in global oil prices fuels inflation, this study has observed that global oil prices are not the drivers of inflation in South Africa. In this …