期刊名称:International Journal of Economics and Financial Issues
电子版ISSN:2146-4138
出版年度:2017
卷号:7
期号:4
页码:590-594
语种:English
出版社:EconJournals
摘要:This paper evaluates the impacts of global commodity prices on domestic prices in Saudi Arabia with aid of econometric techniques and monthly data over the period 2000:01-2016:09. We find evidence suggesting the influential role of global commodity prices on Saudi domestic prices over long run. In particular, we find that non-fuel commodity prices have more impacts on domestic prices than energy prices. Likewise, we find evidence, based on Granger causality analysis, suggesting that global commodity prices are useful indicators in capturing the movements in domestic prices.
其他摘要:This paper evaluates the impacts of global commodity prices on domestic prices in Saudi Arabia with aid of econometric techniques and monthly data over the period 2000:01-2016:09. We find evidence suggesting the influential role of global commodity prices on Saudi domestic prices over long run. In particular, we find that non-fuel commodity prices have more impacts on domestic prices than energy prices. Likewise, we find evidence, based on Granger causality analysis, suggesting that global commodity prices are useful indicators in capturing the movements in domestic prices. Keywords: Global commodity prices, Domestic Prices, Saudi Arabia. JEL Classifications: C13, C22, C50, E31, Q43
关键词:Global commodity prices; Domestic Prices; Saudi Arabia