作者: Osman Peker , Mehmet Mercan
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摘要: In this study the effects of crude oil import prices on inflation were analysed between 1960-2011 for importing selected 15 OECD countries. The economic growth variable which is considered to be descriptor was also included in model. Panel unit root and cointegration tests considering hypothesis that a macroeconomic shock happening country would affect others, i.e. cross sectional dependency implemented analysis. As result analysis it found there relationship series. results showed increased inflation, inflationary effect higher than prices.