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The US dollar exchange rate and the demand for oil

Selien De Schryder (UGent) and Gert Peersman (UGent)
(2015) ENERGY JOURNAL. 36(3). p.263-285
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Abstract
Using recent advances in panel data estimation techniques, we find that an appreciation of the U.S. dollar exchange rate leads to a significant decline in oil demand for a sample of 65 oil-importing countries. The estimated effect turns out to be considerably larger than the impact of a shift in the global crude oil price expressed in U.S. dollar. This finding appears to be the consequence of a stronger pass-through of changes in the U.S. dollar exchange rate to domestic end-user oil products prices relative to changes in the global crude oil price. Furthermore, we demonstrate the relevance of U.S. dollar fluctuations for global oil price dynamics.
Keywords
panel data, oil price pass-through, US dollar exchange rate, Oil demand, ENERGY DEMAND, UNIT-ROOT, OECD-COUNTRIES, TIME-SERIES, GROWTH, MODELS, PRICE, PANEL-DATA, MARKET, ELASTICITIES

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MLA
De Schryder, Selien, and Gert Peersman. “The US Dollar Exchange Rate and the Demand for Oil.” ENERGY JOURNAL 36.3 (2015): 263–285. Print.
APA
De Schryder, S., & Peersman, G. (2015). The US dollar exchange rate and the demand for oil. ENERGY JOURNAL, 36(3), 263–285.
Chicago author-date
De Schryder, Selien, and Gert Peersman. 2015. “The US Dollar Exchange Rate and the Demand for Oil.” Energy Journal 36 (3): 263–285.
Chicago author-date (all authors)
De Schryder, Selien, and Gert Peersman. 2015. “The US Dollar Exchange Rate and the Demand for Oil.” Energy Journal 36 (3): 263–285.
Vancouver
1.
De Schryder S, Peersman G. The US dollar exchange rate and the demand for oil. ENERGY JOURNAL. 2015;36(3):263–85.
IEEE
[1]
S. De Schryder and G. Peersman, “The US dollar exchange rate and the demand for oil,” ENERGY JOURNAL, vol. 36, no. 3, pp. 263–285, 2015.
@article{6960243,
  abstract     = {Using recent advances in panel data estimation techniques, we find that an appreciation of the U.S. dollar exchange rate leads to a significant decline in oil demand for a sample of 65 oil-importing countries. The estimated effect turns out to be considerably larger than the impact of a shift in the global crude oil price expressed in U.S. dollar. This finding appears to be the consequence of a stronger pass-through of changes in the U.S. dollar exchange rate to domestic end-user oil products prices relative to changes in the global crude oil price. Furthermore, we demonstrate the relevance of U.S. dollar fluctuations for global oil price dynamics.},
  author       = {De Schryder, Selien and Peersman, Gert},
  issn         = {0195-6574},
  journal      = {ENERGY JOURNAL},
  keywords     = {panel data,oil price pass-through,US dollar exchange rate,Oil demand,ENERGY DEMAND,UNIT-ROOT,OECD-COUNTRIES,TIME-SERIES,GROWTH,MODELS,PRICE,PANEL-DATA,MARKET,ELASTICITIES},
  language     = {eng},
  number       = {3},
  pages        = {263--285},
  title        = {The US dollar exchange rate and the demand for oil},
  url          = {http://dx.doi.org/10.5547/01956574.36.3.ssch},
  volume       = {36},
  year         = {2015},
}

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