this paper investigates the impact of oil revenues on the output of economic sectors in some of oil exporting countries including iran, venezuela and mexico. we use cointegration analysis as well as short run and long run granger casualties' tests. the results show that in the long run, an oil boom leads to expansion of service sector, in these countries. also, the impacts of oil revenues ...

the aim of this study is to investigate the share of total factor productivity growth (tfpg), labor force growth and physical capital growth on the value added growth of non-oil sector by applying the cob-douglass production function during the third, fourth and fifth development plans before the islamic revolution of iran (1342-1356), and during the first, second, third and forth economic, soc...

The 1990s witnessed a period of significant increase in investments in the oil and gas sector in Latin America. In most countries private investment took the lead after the privatization and liberalization of the sector. For example, in Argentina, Bolivia, Brazil, Ecuador, and Venezuela, private oil investment and/or some form of privatization made possible significant additions in hydrocarbons...

Stock market plays a very influential role for the economy of any country. Energy sector is considered as one of the dominating sectors in the stock market. This sector is evidently affected by oil and gas prices and performance of this sector is evaluated by stock returns of the oil & gas companies. Therefore, the study of such stock returns always remains an objective of interest for many fin...

Oil sector is the most effective sector in these countries. Oil is the most important product that world industries use as the cheapest energy. The price of oil depends on the world’s supply and demand and many economic, political and geographical variables. This is the reason why the price of oil has fluctuations. The fluctuations in oil price lead to fluctuate in the oil revenues of the membe...

In this paper, we analyze the effects of oil revenue shocks on different sectors of the Iranian economy. We use quarterly data of the Iranian economy from 1988:2 to 2011:1 to analyze a time-varying parameter VAR model with the Bayesian method. The results show that in the late 1980s and early 1990s, the positive effects of oil revenue were mostly emerged in the industrial and oil sectors, havin...

The fungus Myrothecium verrucaria (MV) has previously been shown to have potential as a bioherbicide for kudzu (Pueraria lobata) control. It has also been shown that MV wild-type (MV-wt) often forms sectors, when grown on various nutrient media. Experiments compared MV-wt and MV sector efficacy when grown on agar or on rice grains. In greenhouse evaluations of sectors, applied as foliar sprays ...