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1702312PublishedVol 3 · Issue 11

Do oil shocks matters for the inflation rate in Bangladesh?

Mohammad Raselar Rahman Md. Shaddam Hossain Md. Maznur Rahman Dilruba Yesmin Smrity Liton Chandra Voumik

Subject area: Management and Commerce  ·  Area of research: Economics

Abstract

In recent years oil prices have fluctuated extremely. Bangladesh is an oil-importing country and it has strong volatility of oil prices impacts on its economy. Especially oil shocks have a crucial role on several macroeconomic indicators mainly inflation rates in Bangladesh. This paper estimates the effects of oil price changes on inflation for Bangladesh.

Keywords

Global oil price, Inflation, Consumer price index, Unit root, Co-integration, VECM

How to cite this paper

Mohammad Raselar Rahman, Md. Shaddam Hossain, Md. Maznur Rahman, Dilruba Yesmin Smrity, Liton Chandra Voumik "Do oil shocks matters for the inflation rate in Bangladesh?" Iconic Research And Engineering Journals Volume 3 Issue 11 2020 Page 163-170
Mohammad Raselar Rahman, Md. Shaddam Hossain, Md. Maznur Rahman, Dilruba Yesmin Smrity, Liton Chandra Voumik "Do oil shocks matters for the inflation rate in Bangladesh?" Iconic Research And Engineering Journals, vol. 3, no. 11, May. 2020
Mohammad Raselar Rahman, Md. Shaddam Hossain, Md. Maznur Rahman, Dilruba Yesmin Smrity, Liton Chandra Voumik (2020). Do oil shocks matters for the inflation rate in Bangladesh?. Iconic Research And Engineering Journals, 3(11).
Mohammad Raselar Rahman, Md. Shaddam Hossain, Md. Maznur Rahman, Dilruba Yesmin Smrity, Liton Chandra Voumik "Do oil shocks matters for the inflation rate in Bangladesh?" Iconic Research And Engineering Journals, vol. 3, no. 11, May. 2020.
@article{1702312,
      author = {Mohammad Raselar Rahman, Md. Shaddam Hossain, Md. Maznur Rahman, Dilruba Yesmin Smrity, Liton Chandra Voumik},
      title = {Do oil shocks matters for the inflation rate in Bangladesh?},
      journal = {Iconic Research And Engineering Journals},
      year = {2020},
      volume = {3},
      number = {11},
      pages = {163-170},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1702312.pdf},
      abstract = {In recent years oil prices have fluctuated extremely. Bangladesh is an oil-importing country and it has strong volatility of oil prices impacts on its economy. Especially oil shocks have a crucial role on several macroeconomic indicators mainly inflation rates in Bangladesh. This paper estimates the effects of oil price changes on inflation for Bangladesh.},
      keywords = {Global oil price, Inflation, Consumer price index, Unit root, Co-integration, VECM},
      month = {May},
  }