Tan, Sook-Rei, and Yeap, Xiu Wei (2025) Asymmetric relationships between crude oil price, palm oil price, and exchange rate: The case of Malaysia. In: Lean, Hooi Hooi, and Chan, Jin Hooi, (eds.) Energy Economics, Finance, and Management in Developing and Emerging Economies. Elsevier, Amsterdam, The Netherlands, pp. 211-223.

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Abstract

Commodity prices have experienced significant volatility in recent years, particularly due to the impact of the pandemic and geopolitical tensions, such as the war between Russia and Ukraine. As a major producer of both crude oil and palm oil in Southeast Asia, Malaysia's exchange rate is susceptible to fluctuations in these commodity markets. To better understand these dynamics, this chapter utilizes the nonlinear autoregressive distributed lag (NARDL) model to analyze the short-run and long-run asymmetric relationships between crude oil price, palm oil price, and Malaysia's exchange rate. By investigating these relationships, this study aims to provide valuable insights for investors and policymakers, enabling them to make informed decisions and develop effective strategies in response to market fluctuations and economic challenges.

Item ID:	87649
Item Type:	Book Chapter (Research - B1)
ISBN:	9780443247293
Copyright Information:	© 2026 Elsevier Inc. All rights are reserved, including those for text and data mining, AI training, and similar technologies.
Date Deposited:	09 Sep 2025 01:52
FoR Codes:	38 ECONOMICS > 3801 Applied economics > 380107 Financial economics @ 50% 38 ECONOMICS > 3802 Econometrics > 380205 Time-series analysis @ 50%
SEO Codes:	15 ECONOMIC FRAMEWORK > 1502 Macroeconomics > 150204 Exchange rates @ 50% 15 ECONOMIC FRAMEWORK > 1502 Macroeconomics > 150299 Macroeconomics not elsewhere classified @ 50%
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