Yousefi, Kowsar

University of Tehran

[ 1 ] - Quantifying the Impact of Eliminating Oil Revenue on Oil Exporters' Macroeconomy

The sudden drop in crude oil prices during the Coronavirus pandemic, once again rises the concern about oil countries future if oil diminishes. This paper uses a multi-country general equilibrium model to project the effects of eliminating oil revenues. The model consists of 5 oil exporters (i.e., Iran, Kuwait, Saudi Arabia, Kazakhstan and Russia), 25 non-oil exporting countries, and the rest o...

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