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Record W2953988692

Oil prices and economic growth

2012· dissertation· en· W2953988692 on OpenAlexaboutno aff
Χρήστος Δαμασκός

Bibliographic record

VenueDione (University of Piraeus) · 2012
Typedissertation
Languageen
FieldEconomics, Econometrics and Finance
TopicMarket Dynamics and Volatility
Canadian institutionsnot available
Fundersnot available
KeywordsEconomicsOil pricePetroleum engineeringNatural resource economicsMonetary economicsEngineering
DOInot available

Abstract

fetched live from OpenAlex

In the wake of Arab world crisis that already causes oil supply disruptions and oil price increases, the present dissertation records and sheds light to the main historical oil prices shocks from the 1970s till nowadays and the main determinants of oil prices and economic growth. With the ultimate purpose being the examination of the much debated effect of oil price on the economic growth, we test and analyze the existence and the type -bidirectional or unidirectional, short-term or long-term- of this relation and the degree of influence for the main industrialized G7 countries (the USA, the UK, Italy, France, Germany, Japan and Canada) during the 1990-2007 period (quarterly basis data). The Augmented Dickey Fuller Unit Root Test is used in order to prove if the time series variables (GDP and oil prices) are stationary or non- stationary, the Johansen approach is used for tracing or not cointergration, the Error Correction Model (VEC) in case of cointegration existence while on the occasion that no cointergration is proved, we use Granger Causality test. The empirical results mainly suggest the existence of a relation- albeit different but with some common characteristics across the G7 countries. In all countries except for Canada, there is cointegration between oil prices and GDP in the long-term. In all countries except for Canada there is bidirectional relation in the long-term. In Germany, France, Italy and Japan the relation between oil prices and GDP is negative. In Germany the relation is unidirectional in the short-term where the oil prices affect the GDP. In the UK and in Japan there is unidirectional relation in the short-term where the GDP affects oil prices. In Canada, the UK and in the USA the relation is shown positive. In the case of Canada there is unidirectional relation where the GDP influences oil prices.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.515
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.012
GPT teacher head0.179
Teacher spread0.166 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2012
Admission routes1
Has abstractyes

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