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To Study the Impact of Oil Price Shocks on the Macroeconomic Performance of China

In: Business and Management

Submitted By chaoplay1
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Research Proposal on

“To study the impact of oil price shocks on the macroeconomic performance of China”

Table of Contents
Dissertation Title 3
Introduction 3
Rationale of Study: Error! Bookmark not defined.
Outline of the Research Project: Error! Bookmark not defined.
Research Questions Error! Bookmark not defined.
Research Aim and Objectives Error! Bookmark not defined.
Significance of the study………………………………………………………………………………………………………………………..11
Research Methodology………………………………………………………………………………………………………………………….15
Research philoshophy…………………………………………………………………………16
Research Design…………………………………………………………………………………………………………………………………18
Data Collection…………………………………………………………………………………………………………………………………..22
Data Analysis…………………………………………………………………………………………………………………………………….28 literature review……………………………………………………………………………………………………………………………………36
References ……………………………………………………………………………………………………………………………………………42

Dissertation Title

“To study the impact of oil price shocks on the macroeconomic performance of China”
1. Introduction
Higher oil prices might affect the global economy through a variety of channels, including transfer of wealth from oil consumers to oil producers, a rise in the cost of production of goods and services, and impact on inflation, consumer confidence, and financial markets. In a pioneer work, Hamilton (1983) indicated that higher oil prices were responsible for almost all U.S recessions after World War II. Later other researchers extended Hamilton’s basic findings using alternative data and estimation procedures (such as Burbidge and Harrison, 1984; Gasser and Goodwin, 1986). Most of research on the mechanisms of oil price shocks has focused on either products or labor markets.

However, analysis on real locative role effects of oil value shocks in capital markets has lagged behind. As Jones, Leidy and Paik...

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