Article ID Journal Published Year Pages File Type
995689 Energy Policy 2012 13 Pages PDF
Abstract
► This study applies multivariate threshold model to investigate the effects of various international energy price shocks on Taiwan's macroeconomic activity. ► The results confirm that there is an asymmetric threshold effect for energy-output nexus. ► 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%.
Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
Authors
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