The Dynamic Effects of Oil Price Shocks on the Economies of the Twelve Major Oil Exporting Countries from 1970-2013: The Role of Political Economy Factors

Purpose: This paper examines whether the economies of oil-exporting countries respond to oil shocks differently, depending on the country's political economy factors, such as regional economic alliance, stage of economic development, and the exchange rate regime, using a structural Vector Error...

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Bibliographic Details
Main Author: Sinem Sonmez
Format: Article
Language:English
Published: Eastern Macedonia and Thrace Institute of Technology 2020-04-01
Series:International Journal of Business and Economic Sciences Applied Research
Subjects:
Online Access:http://ijbesar.ihu.gr/docs/volume13_issue1/13_01_04.pdf