HOW OIL PRICE AND EXCHANGE RATE AFFECT NON-OIL GDP OF THE OIL-RICH COUNTRY – AZERBAIJAN?
نویسندگان
چکیده
منابع مشابه
Historical and Variance Decomposition for Oil Price, Oil Consumption, OPEC and Non-OPEC Oil Production
Abstract I n this paper, the behavior of the real oil price and OPEC and non-OPEC oil production during 1973-2013 are modelled. Interactions among OPEC, non-OPEC oil production, global oil consumption, and the real price of crude oil are estimated using a Structural VAR model (SVAR). After providing evidence for the structural breaks in oil price in 1996, the results indicate that, ac...
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ژورنال
عنوان ژورنال: International Journal of Energy Economics and Policy
سال: 2020
ISSN: 2146-4553
DOI: 10.32479/ijeep.9561