03578ntm a22005057i 4500 000703693 CZ-PrVSE 20240127174846.0 m d cr n|||||||||| 240127s2023 xr fsbm 000 0 eng d NEZPRACOVANÝ IMPORT ABA006 cze ABA006 ABA006 rda Watine, Martin ISIS:163303 dis The impact of Temporary and Permanent Price Shocks on the Usage of Oil eng The impact of Temporary and Permanent Price Shocks on the Usage of Oil / Martin Watine 2023 ?? stran : digital, PDF soubor Vedoucí práce: Marek Hudík Diplomová práce (Ing.)—Vysoká škola ekonomická v Praze. Fakulta podnikohospodářská, 2024 Obsahuje bibliografii Textový (vysokoškolská kvalifikační práce) Rok obhajoby 2024 Price shocks are periods of time in which prices drastically increase or decrease over a rather short period of time. They are caused by certain events, such as geopolitical or natural disasters or the introduction of new technologies within an industry. Understanding these shocks allows for a deeper understanding of the relationship between prices and the usage of a resource, such as oil. There is a difference between temporary and permanent price shocks, with the latter having a longer duration and more lasting prices. According to the World Bank’s Commodity Market Outlook of October 2020, temporary and permanent price shocks both affect price variability by almost the same amount (53% versus 47%, respectively). The importance of understanding price shocks is paramount, as understanding how they affect the global usage of oil allows for a more thorough and complete understanding of global economics and geopolitical actions. Certain price shocks may have long-lasting effects and may shape the usage of a resource until the next shock, highlighting the importance of understanding how the usage of resources varies due to temporary versus permanent price shocks. This study aims to examine the impact of temporary versus permanent price shocks on the usage of oil in various industries and markets. Specifically, we will define a permanent price shock as one that lasts for a period of more than two years and one which is caused by a structural change, i.e., technological innovation or government policy change, as highlighted by the World Bank’s Commodity Market Outlook of 2020. Způsob přístupu: Internet international management [obor dipl. práce] diplomové práce fd132022 czenas master's theses eczenas Oil Industry Temporary price shock Permanent price shock Price shocks Hudík, Marek, 1980- ola2009488198 ths Koľveková, Gabriela ISIS:91202 opn Vysoká škola ekonomická v Praze. Podnikohospodářská fakulta kn20010709402 dgg https://insis.vse.cz/zp/83287/podrobnosti VŠKP v InSIS https://insis.vse.cz/zp/83287 Hlavní práce https://insis.vse.cz/zp/83287/posudek/vedouci Hodnocení vedoucího https://insis.vse.cz/zp/83287/posudek/oponent/81163 Oponentura https://insis.vse.cz/zp/83287/podrobnosti dc:identifier NEPOSILAT VSKP vse83287 240124 83287