Download or read book Oil Prices and Trade Deficits written by David Gisselquist and published by Greenwood. This book was released on 1979 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Trade Deficit the Dollar and the Price of Oil written by James K. Jackson and published by DIANE Publishing. This book was released on 2008 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyzes the relationship between the dollar and the price of oil and how the two might interact. This report provides an assessment of the impact a range of prices of imported oil could have on the U.S. trade deficit.
Download or read book U S Trade Deficit and the Impact of Changing Oil Prices written by James K. Jackson and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an estimate of the initial impact of the changing oil prices on the nation's merchandise trade balance.
Download or read book U S Trade Deficit and the Impact of Changing Oil Prices written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil Prices and the U S Trade Deficit written by Michèle Cavallo and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil Prices Welfare and the Trade Balance written by Lars E. O. Svensson and published by . This book was released on 1982 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines welfare effects and the trade balance response to changes in the world oil prices and interest rates for a small oil-importing economy. The trade balance is mainly seen as the difference between saving and investment, and these are derived from intertemporal optimization. It is shown that the welfare effects consist of static terms of trade effects, intertemporal terms of trade effects, and employment effects. The trade balance deteriorates for temporary oil price increases, whereas its response is ambiguous for permanent oil price increases. For a fall in the world interest rate, the trade balance deteriorates, if the economy is a net borrower.
Download or read book The U S Trade Deficit The Dollar and The Price of Oil written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite common perceptions that there is a direct cause and effect relationship between changes in the international exchange value of the dollar and the price of oil, an analysis of recent data indicates that changes in the price of oil are driven by changes in the demand for oil that is different from the supply of oil, rather than changes in the value of the dollar. [...] While the data do not support a strong cause and effect relationship between the value of the dollar and the price of oil, there likely are various channels through which changes in the price of oil and in the value of the dollar may be indirectly correlated. [...] The data also indicate that an increase in the demand for crude oil that exceeded the increase in the supply of oil and a laggardly pace in oil production capacity likely are among the main factors behind the sharp run up in the price of oil that occurred over the first seven months of 2008. [...] In addition, changes in the international exchange value of the dollar likely reflect a number of factors, including changes in the demand for and supply of capital within the U. S. economy, the relative rate of return on interest-sensitive assets, and expectations about the performance of the U. S. economy. [...] The interaction between the price of oil and the value of the dollar is complicated further by the way changes in the price of oil can affect the economic performance of other nations and, therefore, have an impact on their respective currencies.9 According to Global Insight,10 a number of factors worked to put upward pressure on oil prices in 2007 and during the first half of 2008.
Download or read book U S Trade Deficit and the Impact of Rising Oil Prices written by and published by . This book was released on 2006 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Petroleum prices have risen sharply since early 2004. At the same time the average amount of imports of energy-related petroleum products has fallen slightly. The combination of sharply rising prices and a slightly lower level of imports of energy-related petroleum products translates into an escalating cost for those imports. This rising cost added an estimated $70 billion to the nation's trade deficit in 2005 and could add $80-$100 billion in 2006, depending on how sustainable is the rate of recent price increases. This report provides an estimate of the initial impact of the rising oil prices on the nation's merchandise trade deficit.
Download or read book Crs Report for Congress written by Congressional Research Service: The Libr and published by BiblioGov. This book was released on 2013-11 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid changes in the price of oil and the impact of such price changes on economies around the globe have attracted considerable attention. In mid-2008 as the price of oil rose to unprecedented heights and then dropped sharply, the international exchange value of the dollar fell and then rose relative to a broad basket of currencies. For some, these two events seem to indicate a cause and effect relationship between changes in the price of oil and changes in the value of the dollar. Despite common perceptions that there is a direct cause and effect relationship between changes in the international exchange value of the dollar and the price of oil, an analysis of data during recent periods indicates that changes in the price of oil are driven by changes in the demand for oil that is different from the supply of oil, rather than changes in the value of the dollar. The rapid increase in oil prices in early 2011 reflects rising demand for oil and other commodities and uncertainty in global markets keyed to political turmoil in North Africa and the Middle East. This report analyzes the relationship between the dollar and the price of oil and how ...
Download or read book U S Trade Deficit and the Impact of Rising Oil Prices written by James K. Jackson and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Petroleum prices have risen sharply since early 2005. At the same time, the average level of imports of energy-related petroleum products has fallen slightly. The combination of sharply rising prices and a slightly lower level of imports of energy-related petroleum products translates into an escalating cost for those imports. This rising cost added an estimated $70 billion to the nation's trade deficit in 2005 and could add another $60 to $70 billion in 2006, depending on the course of energy import prices over the remainder of 2006. This report provides an estimate of the initial impact of rising oil prices on the nation's merchandise trade deficit. The report will be updated as warranted by events.
Download or read book Relationship Between the Dollar Price of Oil and the U S Trade Deficit written by George D. Hoeffner and published by Nova Science Pub Incorporated. This book was released on 2010 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid changes in the price of oil and the impact of such price changes on economies around the globe have attracted considerable attention. In mid-2008 as the price of oil rose to unprecedented heights and then dropped sharply, the international exchange value of the dollar fell and then rose relative to a broad basket of currencies. For some, these two events seem to indicate a cause and effect relationship between changes in the price of oil and changes in the value of the dollar. This book analyses the relationship between the dollar and the price of oil and how the two might interact and provides an assessment of the impact a range of prices of imported oil could have on the U.S. trade deficit.
Download or read book The World Oil Market in the 1980s written by Everett M. Ehrlich and published by . This book was released on 1980 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adjustment to Expected and Unexpected Oil Price Increases written by Nancy Peregrim Marion and published by . This book was released on 1982 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil Shocks and External Balances written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-05-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the effects of demand and supply shocks in the global crude oil market on several measures of countries' external balance, including the oil and non-oil trade balances, the current account, and changes in net foreign assets (NFA) during 1975-2004. We explicitly take a global perspective. In addition to the U.S., the Euro area and Japan, we consider a number of country groups including oil exporters and middle-income oil-importing economies. We find that the effect of oil shocks on the merchandise trade balance and the current account, which depending on the source of the shock can be large, depends critically on the response of the nonoil trade balance, and differs systematically between the U.S. and other oil importing countries. Using the Lane-Milesi-Ferretti NFA data set, we document the presence of large and systematic (if not always statistically significant) valuation effects in response to oil shocks, not only for the U.S., but also for other oil-importing economies and for oil exporters. Our estimates suggest that increased international financial integration will tend to cushion the effect of oil shocks on NFA positions for major oil exporters and the U.S., but may amplify it for other oil importers.
Download or read book The Effect of OPEC Oil Pricing on Output Prices and Exchange Rates in the United States and Other Industrial Countries written by Heywood W. Fleisig and published by . This book was released on 1981 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Trade Deficits Work written by Kate Canino and published by The Rosen Publishing Group, Inc. This book was released on 2011-01-15 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the causes of trade deficits, its effects on a country and how such a deficit might be reduced.
Download or read book Causes and Consequences of the U S Trade Deficit and Developing Problems in U S Exports written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade and published by . This book was released on 1978 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt:
