| 000 | 01337cam a2200229 4500500 | ||
|---|---|---|---|
| 005 | 20250121053601.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aBarlet, Muriel _eauthor |
| 700 | 1 | 0 |
_a Crusson, Laure _eauthor |
| 245 | 0 | 0 | _aHow Have Changes in the Price of Oil Impacted French Economic Growth? |
| 260 | _c2009. | ||
| 500 | _a47 | ||
| 520 | _aThe two “oil shocks” of the 1970s cut French GDP growth. Since that period, sudden oil-price increases have been viewed as a major cause of economic slowdown. We estimate VAR models and Markov-Switching models to evaluate the impact of oil-price rises on French growth. Our results indicate a breakdown of the link between oil prices and economic activity in the early 1980s. Over the period 1980-2006, our estimates show a slight negative effect of oil-price increases only in low-growth phases. Our models also point to slacker foreign demand after an oil-price rise – a phenomenon that indirectly affects GDP growth. | ||
| 690 | _abreakpoints | ||
| 690 | _aoil shocks | ||
| 690 | _aMarkov-Switching models | ||
| 690 | _aVAR models | ||
| 690 | _aGDP growth rate | ||
| 786 | 0 | _nEconomie & prévision | o 188 | 2 | 2009-07-01 | p. 23-41 | 0249-4744 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2009-2-page-23?lang=en&redirect-ssocas=7080 |
| 999 |
_c468552 _d468552 |
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