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Oil Price Influence on Russian Macroeconomic Indicators

Author

Listed:
  • Olga Podkorytova
  • Tatyana Chigvintseva

Abstract

We investigate macroeconomics effects of an oil price in Russia in 2000-2010. We find long-run relations associating the oil price, the GDP, the CPI and the interbank interest rate. (In Russian).

Suggested Citation

  • Olga Podkorytova & Tatyana Chigvintseva, 2010. "Oil Price Influence on Russian Macroeconomic Indicators," EUSP Department of Economics Working Paper Series 2010/04, European University at St. Petersburg, Department of Economics, revised 26 Oct 2010.
  • Handle: RePEc:eus:wpaper:ec2010_04
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    File URL: https://eusp.org/sites/default/files/archive/ec_dep/wp/ec-04_10.pdf
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    More about this item

    Keywords

    oil price; GDP; CPI; macroeconomics; econometrics; cointegration;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles

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