Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
995689 | Energy Policy | 2012 | 13 Pages |
Abstract
⺠This study applies multivariate threshold model to investigate the effects of various international energy price shocks on Taiwan's macroeconomic activity. ⺠The results confirm that there is an asymmetric threshold effect for energy-output nexus. ⺠The optimal threshold levels are exactly found where oil price change is at 2.48%, natural gas price change is at 0.66%, and coal price change is at 0.25%.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Fang-Yu Yeh, Jin-Li Hu, Cheng-Hsun Lin,