The Impacts of Oil Price Fluctuations on Revealed Comparative Advantage of Manufacturing Commodities for ASEAN-5 Economies

Mukhriz İzraf Azman AZİZ; Jauhari DAHALAN

Makale detayları

The Impacts of Oil Price Fluctuations on Revealed Comparative Advantage of Manufacturing Commodities for ASEAN-5 Economies

Yazarlar:

Mukhriz İzraf Azman AZİZ | Jauhari DAHALAN

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2015 Vol.5 Issue 4, pp.1098-1108

Belge Tipi:

Makale

Yayın Tarihi:

11/2015

Belge Dili:

Türkçe

Document ID (Org No.):

2000816437

Sıklık:

İki Aylık

eISSN:

2146-4553

Özet:

 

This paper attempts to quantify the effects of oil price fluctuations on revealed symmetric comparative advantage (RSCA) for 95 manufacturing commodities of 5 ASEAN countries from 1991 to 2012. Using Zellner’s (1962) seemingly unrelated regression (SURE) model, oil price fluctuations negatively affect RSCA of more than 60% of the manufacturing commodities estimated. This is true especially for low-technology (LT1 & LT2) and medium-technology (MT3) commodities. The paper also found that endowment variables such as labour and capital stock significantly affects RSCA for more than 50% of the equations, giving support to Ricardian  and Heckscher-Ohlin theorem of comparative advantage.

Makale detayları

The Impacts of Oil Price Fluctuations on Revealed Comparative Advantage of Manufacturing Commodities for ASEAN-5 Economies

Yazarlar: Mukhriz İzraf Azman AZİZ | Jauhari DAHALAN

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Energy Economics and Policy 2015 Vol.5 Issue 4, pp.1098-1108

Belge Tipi: Makale

Yayın Tarihi: 11/2015

Belge Dili: Türkçe

Document ID (Org No.): 2000816437

Sıklık: İki Aylık

eISSN: 2146-4553

Sayı

Yazarlar:

Mukhriz İzraf Azman AZİZ | Jauhari DAHALAN

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2015 Vol.5 Issue 4, pp.1098-1108

Belge Tipi:

Makale

Yayın Tarihi:

11/2015

Belge Dili:

Türkçe

Document ID (Org No.):

2000816437

Sıklık:

İki Aylık

eISSN:

2146-4553