IDEAS home Printed from https://ideas.repec.org/a/icf/icfjae/v03y2004i2p81-90.html
   My bibliography  Save this article

Relationship between Oil Consumption and GDP-A Study in India

Author

Listed:
  • S Subramanian
  • Srivyal Vuyyuri

Abstract

The Importance of oil in the economy of any country cannot be overemphasized. The oil stocks in the 1970s sent shockwaves to almost all the countries in the world, oil importing countries in particular. Substantial literature has been developed basing on the role displayed by oil consumption in the growth of an economy. This paper contributes along the same lines for the case of India. We find a long run Co integrating relationship between real GDP and oil consumption and also a feedback effect between these variables.

Suggested Citation

  • S Subramanian & Srivyal Vuyyuri, 2004. "Relationship between Oil Consumption and GDP-A Study in India," The IUP Journal of Applied Economics, IUP Publications, vol. 0(2), pages 81-90, March.
    • Handle: RePEc:icf:icfjae:v:03:y:2004:i:2:p:81-90
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjae:v:03:y:2004:i:2:p:81-90. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.