THE ASYMMETRIC EFFECTS OF OIL PRICE ON FOOD PRICE AND GOLD PRICE?

Basit Öğe Kaydı
dc.authoridYildirim, Seda/0000-0003-4367-6652
dc.contributor.authorKantarci, Tugba
dc.contributor.authorYildrim, Seda
dc.contributor.authorErdogan, Seyfettin
dc.date.accessioned2024-10-29T17:59:05Z
dc.date.available2024-10-29T17:59:05Z
dc.date.issued2024
dc.departmentTekirdağ Namık Kemal Üniversitesi
dc.description.abstractEconomically, the relationships among gold prices, oil prices, and food prices have been a critical factor for every country. This study aims to investigate the asymmetric relationship between gold prices, food prices, and oil prices. As a contribution to the literature, the study also considers the post-COVID-19 pandemic period, which is a crucial event. The study examines whether the changes in global gold and food prices were caused by changes in oil prices, using the asymmetric causality test developed by Hatemi-j, for the period covering 2005:1-2023:10. During the COVID-19 period from 2020:1 to 2023:10, the relationship between variables is discussed separately. The analysis findings for the main period reveal a significant causal relationship between global food prices and oil prices. Furthermore, it has been established that a negative shock in global food prices negatively impacts oil prices, while a positive shock in global food prices positively impacts oil prices. In the mirror period, it is evident that the positive shock in oil prices had a negative effect on gold prices. In the post-COVID-19 period, it has been concluded that the negative shock in oil prices had a positive effect on gold prices. The study has also established a significant causal relationship between global food prices and oil prices. The results obtained according to the new economic conditions that emerged after the COVID-19 pandemic is expected to provide more accurate information to future studies and policy makers.
dc.identifier.doi10.26830/symmetry_2024_1_095
dc.identifier.issn0865-4824
dc.identifier.issn2226-1877
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85190805135
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org/10.26830/symmetry_2024_1_095
dc.identifier.urihttps://hdl.handle.net/20.500.11776/14622
dc.identifier.volume35
dc.identifier.wosWOS:001248266900005
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSymmetrion
dc.relation.ispartofSymmetry-Culture and Science
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectoil price
dc.subjectglobal gold price
dc.subjectglobal food price
dc.subjectasymmetric causality
dc.subjectcovid-19 pandemic
dc.titleTHE ASYMMETRIC EFFECTS OF OIL PRICE ON FOOD PRICE AND GOLD PRICE?
dc.typeArticle

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu