کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1636772 1516960 2015 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Dynamic interacting relationships among international oil prices, macroeconomic variables and precious metal prices
ترجمه فارسی عنوان
روابط تعامل پویا بین قیمت های بین المللی نفت، متغیرهای اقتصاد کلان و قیمت های گرانبها
موضوعات مرتبط
مهندسی و علوم پایه مهندسی مواد فلزات و آلیاژها
چکیده انگلیسی

From the perspective of long-term and short-term, the methods of TY causality test, generalized impulse response function, variance decomposition were used to investigate the impacts of international oil prices and macroeconomic variables on Chinese gold, silver and platinum prices, but also the feedback effects of Chinese precious metal prices under this impact. The results show that international oil prices play an important role in precious metal price variation both in long-term and short-term, and exchange rate only has an effect in short-term, while interest rate is ineffective in predicting precious metal prices. In addition, precious metal prices have some feedback effects on international oil prices and interest rate in short-term.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Transactions of Nonferrous Metals Society of China - Volume 25, Issue 2, February 2015, Pages 669-676