The effects of oil price volatility on Philippine automobile industry /
Barola, Genren N.
The effects of oil price volatility on Philippine automobile industry / by Genren N. Barola, Christine Joy B. Recede and Alyssa Kaye C. Sanchez. - Indang, Cavite : Cavite State University- Main Campus, 2019. - xv, 52 pages : illustrations ; 28 cm.
Thesis (Bachelor of Science in Business Economics Major in Business Economics) Cavite State University.
Includes bibliographical references.
College of Economics, Management and Development Studies (CEMDS), Department of Economics College of Economics, Management and Development Studies (CEMDS), Department of Economics
BAROLA, GENREN N., RECEDE, CHRISTINE JOY B. and SANCHEZ, ALYSSA KAYE
C. The Effects of Oil Price Volatility on Philippine Automobile Industry. Undergraduate
Thesis, Bachelor of Science in Economics. Cavite State University, Indang, Cavite. May
2019. Adviser: Dr. Marlon Mojica
This study was conducted to determine the effects of oil price volatility on the Philippine
automobile industry. The objective of this study is to determine the performance of the Philippine
automobile industry; determine the historical behavior of oil price in the Philippines from 2001-
2017; determine if the price of oil in the Philippines show volatility clustering; and determine if
there is a significant relationship between oil price volatility and the sales of automobile in the
Philippines.
The researchers used secondary data from 2001 to 2017 gathered from the Department
of Energy, Board of Investment and Chamber of Automotive Manufactures of the Philippines,
Inc.
The study used Ordinary Least Squares to analyze the relationship between the
automobile sales and the oil price. Further, ARCH and GARCH were used to estimate the
volatility of the oil price. The automobile was categorized as passenger car, light commercial
vehicle, and commercial vehicle.
Results showed that oil price in Philippines showed volatility clustering. There was a
negative. relationship between the price of diesel and the automobile sales and positive
relationship between the price of gasoline and the automobile sales.
Automobiles--Economic aspects
Economic conditions
Economics
338.973 / B26 2019
The effects of oil price volatility on Philippine automobile industry / by Genren N. Barola, Christine Joy B. Recede and Alyssa Kaye C. Sanchez. - Indang, Cavite : Cavite State University- Main Campus, 2019. - xv, 52 pages : illustrations ; 28 cm.
Thesis (Bachelor of Science in Business Economics Major in Business Economics) Cavite State University.
Includes bibliographical references.
College of Economics, Management and Development Studies (CEMDS), Department of Economics College of Economics, Management and Development Studies (CEMDS), Department of Economics
BAROLA, GENREN N., RECEDE, CHRISTINE JOY B. and SANCHEZ, ALYSSA KAYE
C. The Effects of Oil Price Volatility on Philippine Automobile Industry. Undergraduate
Thesis, Bachelor of Science in Economics. Cavite State University, Indang, Cavite. May
2019. Adviser: Dr. Marlon Mojica
This study was conducted to determine the effects of oil price volatility on the Philippine
automobile industry. The objective of this study is to determine the performance of the Philippine
automobile industry; determine the historical behavior of oil price in the Philippines from 2001-
2017; determine if the price of oil in the Philippines show volatility clustering; and determine if
there is a significant relationship between oil price volatility and the sales of automobile in the
Philippines.
The researchers used secondary data from 2001 to 2017 gathered from the Department
of Energy, Board of Investment and Chamber of Automotive Manufactures of the Philippines,
Inc.
The study used Ordinary Least Squares to analyze the relationship between the
automobile sales and the oil price. Further, ARCH and GARCH were used to estimate the
volatility of the oil price. The automobile was categorized as passenger car, light commercial
vehicle, and commercial vehicle.
Results showed that oil price in Philippines showed volatility clustering. There was a
negative. relationship between the price of diesel and the automobile sales and positive
relationship between the price of gasoline and the automobile sales.
Automobiles--Economic aspects
Economic conditions
Economics
338.973 / B26 2019