IMPACT OF OIL PRICE GROWTH ON EMPLOYMENT IN THE TRANSPORTATION SECTOR

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MEHREGAN N.; HAQQANI M.; ABDOLLAHI HAQQI S.

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Paper Information

Journal: JOURNAL OF TRANSPORTATION RESEARCH Year:2011 | Volume:8 | Issue:3 (28) Page(s): 277-288

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Information Journal Paper

Title

IMPACT OF OIL PRICE GROWTH ON EMPLOYMENT IN THE TRANSPORTATION SECTOR

Author(s)

MEHREGAN N. | HAQQANI M. | ABDOLLAHI HAQQI S. | Issue Writer Certificate

Keywords

TRANSPORTATIONQ2

EMPLOYMENTQ3

AUTO REGRESSIVE DISTRIBUTED LAG METHOD (ARDL)Q3

PRICE OF OIL PRODUCTSQ3

Abstract

Undoubtedly, the TRANSPORTATION sector is one of the key economic industries that have extensive previous and subsequent effects on other economic sectors. On the other hand, the activities of this sector are heavily dependent on oil products and their related industries. Due to this, the PRICE OF OIL PRODUCTS affects the basic variables in the transport sector, one of which is EMPLOYMENT. In this research study, the authors are going to investigate this vital issue and report on the effect that oil price increases have on EMPLOYMENT in the TRANSPORTATION sector. This will be achieved by using the Auto Regressive Distributed Lag Method (ARDL). The results of this paper suggest that there is a long-term relationship between EMPLOYMENT and oil prices. During this research study, the effect of energy prices on the EMPLOYMENT in the TRANSPORTATION sector was also investigated by using the Vector Auto Regressive model (VAR). The results of this indicate that the effect of energy prices on EMPLOYMENT determined by the ARDL method is validated. These results are vital in understanding the interdependency of factors in the TRANSPORTATION and oil industries, especially with regards to EMPLOYMENT.

Cites

THE IMPACT OF OIL DEPENDENT POLITICAL ECONOMY ON IRAN’S NATIONAL SECURITY

References

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APA: Copy

MEHREGAN, N., HAQQANI, M., & ABDOLLAHI HAQQI, S.. (2011). IMPACT OF OIL PRICE GROWTH ON EMPLOYMENT IN THE TRANSPORTATION SECTOR. JOURNAL OF TRANSPORTATION RESEARCH, 8(3 (28)), 277-288. SID. https://sid.ir/paper/83811/en

Vancouver: Copy

MEHREGAN N., HAQQANI M., ABDOLLAHI HAQQI S.. IMPACT OF OIL PRICE GROWTH ON EMPLOYMENT IN THE TRANSPORTATION SECTOR. JOURNAL OF TRANSPORTATION RESEARCH[Internet]. 2011;8(3 (28)):277-288. Available from: https://sid.ir/paper/83811/en

IEEE: Copy

N. MEHREGAN, M. HAQQANI, and S. ABDOLLAHI HAQQI, “IMPACT OF OIL PRICE GROWTH ON EMPLOYMENT IN THE TRANSPORTATION SECTOR,” JOURNAL OF TRANSPORTATION RESEARCH, vol. 8, no. 3 (28), pp. 277–288, 2011, [Online]. Available: https://sid.ir/paper/83811/en

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