Is Groningen Effect Still Present in Russia: A Vector Error Correction Approach
<p>In this article we aim to test the Groningen effect on the example of Russia. According to the Groningen effect, a boom in the resource sector leads to deterioration in other sectors of the national economy due to appreciation of the national currency. This leads to, given the openness of t...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2018-09-01
|
| Series: | International Journal of Energy Economics and Policy |
| Online Access: | https://www.econjournals.com/index.php/ijeep/article/view/6888 |