کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
968605 | 931634 | 2012 | 17 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Is the oil price pass-through in India any different?
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
In the wake of deregulation of prices of some petroleum products, we estimate the pass-through impact of international oil prices on the Indian economy. In contrast to global trends, we find evidence of higher pass-through to domestic inflation and industrial output, particularly since 2002 when domestic prices started to adjust more frequently to international oil prices. We also simulate to obtain the potential full pass-through impact if prices were completely deregulated and find that such a pricing strategy could result in significant upsurge of inflation with consequential effect on output. On the other hand, staggered adjustments would deteriorate government finances.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Policy Modeling - Volume 34, Issue 6, November–December 2012, Pages 832–848
Journal: Journal of Policy Modeling - Volume 34, Issue 6, November–December 2012, Pages 832–848
نویسندگان
Kumarjit Mandal, Indranil Bhattacharyya, Binod B. Bhoi,