The Effects of Oil Prices and Oil Production on Non-Oil Exports in an Oil-Rich Country: The Case of Dutch Disease Symptom in Azerbaijan

نویسندگان

چکیده

The aim of the study is to examine whether there a Dutch disease symptom by revealing short-term and long-term effects oil prices production on non-oil exports in oil-rich Azerbaijan. In this context, ARDL bounds test FMOLS method was applied considering price, real GDP export variables covering period 2001Q1 2019Q4. results analysis determine that cointegration relationship between variables. Short-term coefficients are statistically indicated. long run, positive prices, but negative production. Especially second finding can be associated with "resource movement effects", which one symptoms disease. research described as original because it evaluates phenomenon from perspective (abundant resource) almost no similar studies literature terms examining effect general. addition, common opinion about presence Azerbaijan, research, offer different disease, provide valuable information.

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ژورنال

عنوان ژورنال: International Journal of Energy Economics and Policy

سال: 2022

ISSN: ['2146-4553']

DOI: https://doi.org/10.32479/ijeep.12867