The impact of crude oil price on some macroeconomics indicators of Vietnam in the period of 2015-2019
The impact of crude oil price on some macroeconomics indicators of Vietnam in the period of 2015-2019
The article will shed lights on the impact of oil price on some macroeconomics indicators of Vietnam, specifically the Consumer Price Index (CPI) and the Index of Industrial Production (IIP). The research will employ the Vector Autoregression (VAR) model, the samples include oil price, which is the Consumer Price Index (CPI) and Index of Industrial Production (IIP) recorded monthly in the period from January 2015 to December 2019. Results have shown the impact oil price has on macroeconomic indi