Abeysinghe, T.ECONOMICS2011-02-242011-02-242001Abeysinghe, T. (2001). Estimation of direct and indirect impact of oil price on growth. Economics Letters 73 (2) : 147-153. ScholarBank@NUS Repository. https://doi.org/10.1016/S0165-1765(01)00476-101651765https://scholarbank.nus.edu.sg/handle/10635/19982Using a new methodology, this paper measures the direct and indirect effects of oil prices on GDP growth of 12 economies. Because of the indirect effect, which is transmitted through a trade matrix, even the net oil exporters like Indonesia and Malaysia cannot escape the negative influence of high oil prices.©Elsevier Science B.V.Direct and indirect effectsE3Q4Trade matrixVARX modelArticle000171580100003