Farrukh Suvankulov is a Principal Economist in the Canadian Economic Analysis Department at the Bank of Canada. His primary research fields are energy economics, international trade and applied econometrics. Mr. Suvankulov holds a PhD in policy analysis (economics) from the RAND Graduate School as well as a Master of Arts degree in economics from Yale University.
Staff Analytical Notes
Crude Oil Prices and Fixed-Asset Cash Spending in the Oil and Gas Industry: Findings from VAR ModelsThis note investigates the relationship between crude oil prices and investment in the energy sector. We employ a set of vector autoregression (VAR) models (unconstrained VAR, vector error-correction and Bayesian VAR) to formalize the relationship between the West Texas Intermediate (WTI) benchmark and fixed-asset cash spending in the oil and gas extraction and support activities sector of the Canadian economy.
Staff Discussion Papers
Staff Working Papers
- "Revisiting National Border Effects in Foreign Trade in Goods of Canadian Provinces"
The Journal of International Trade & Economic Development, Volume 25, Issue 8, p. 1045-1070, 2016.
- "Price regulation and relative price convergence: Evidence from the retail gasoline market in Canada"
(with M. Lau and F. Ogucu), 2012, Energy Policy, 40, p. 325-334.
- "Some cautions on the use of nonlinear panel unit root tests: evidence from a modified series-specific non-linear panel unit-root test"
(with Lau, M., Y. Su and F.Chau), 2012, Economic modelling , 29 (3), p. 810-816.
- "Have firms with better corporate governance fared better during the recent financial crisis in Russia?"
(with F. Ogucu), 2012, Applied Economics Letters, 19 (8), p. 769-773.