Relationship between Oil Prices and Exchange Rate of Major Asian Economies

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Authors

  • Rajesh Kumar

Keywords:

oil prices, exchange rate, Asian economies, JAPAN, INDIA, CHINA, stationary, time series, Johansen co integration technique, short term, long term relationship

Abstract

This Paper studies the relationship between oil prices and exchange rate of three major Asian economies, namely- JAPAN, INDIA and CHINA. Study applies ADF test to check the stationary of time series and the all the series under study stationary at level. Further, Study applies Johansen co integration technique to on time series data ranging from March 2011 to December 2017 to check the short term and long term relationship respectively. Results of Johansen Co integration indicate the significant long term relationship between the oil prices and exchange rate of three major Asian economies.

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Published

2018-01-01

How to Cite

[1]
“Relationship between Oil Prices and Exchange Rate of Major Asian Economies: -”, JASRAE, vol. 14, no. 2, pp. 1408–1411, Jan. 2018, Accessed: Mar. 16, 2025. [Online]. Available: https://ignited.in/index.php/jasrae/article/view/7405

Issue

Vol. 14 No. 2 (2018): Journal of Advances and Scholarly Researches in Allied Education (JASRAE)

Section

Articles

How to Cite

[1]
“Relationship between Oil Prices and Exchange Rate of Major Asian Economies: -”, JASRAE, vol. 14, no. 2, pp. 1408–1411, Jan. 2018, Accessed: Mar. 16, 2025. [Online]. Available: https://ignited.in/index.php/jasrae/article/view/7405