IDEAS home Printed from https://ideas.repec.org/a/cai/ecoldc/ecop_188_0023.html
   My bibliography  Save this article

Quel impact des variations du prix du pétrole sur la croissance française ?

Author

Listed:
  • Muriel Barlet
  • Laure Crusson

Abstract

The two ?oil shocks? of the 1970s cut French GDP growth. Since that period, sudden oil-price increases have been viewedas a major cause of economic slowdown. We estimate VAR models and Markov-Switching models to evaluate the impactof oil-price rises on French growth. Our results indicate a breakdown of the link between oil prices and economic activityin the early 1980s. Over the period 1980-2006, our estimates show a slight negative effect of oil-price increases only inlow-growth phases. Our models also point to slacker foreign demand after an oil-price rise ? a phenomenon that indirectlyaffects GDP growth.

Suggested Citation

  • Muriel Barlet & Laure Crusson, 2009. "Quel impact des variations du prix du pétrole sur la croissance française ?," Economie & Prévision, La Documentation Française, vol. 0(2), pages 23-41.
    • Handle: RePEc:cai:ecoldc:ecop_188_0023
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOP_188_0023
    Download Restriction: free
    File URL: http://www.cairn.info/revue-economie-et-prevision-1-2009-2-page-23.htm
    Download Restriction: free
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sahbi FARHANI, 2012. "Impact of Oil Price Increases on U.S. Economic Growth:Causality Analysis and Study of the Weakening Effects in Relationship," International Journal of Energy Economics and Policy, Econjournals, vol. 2(3), pages 108-122.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:ecoldc:ecop_188_0023. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-economie-et-prevision.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.