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