When examining the value of export flows, it is important to assess impact two key factors – volumes and prices. The subject study a factor analysis flows. aim evaluate effectiveness spline modeling in cost methods flows refer economic indices. discreteness indices limits case strong fluctuations prices (or) volumes, which characteristic dynamics oil Modeling without smoothing empirical retains...

according to the importance of careful review of crude oil market fluctuations on the iranian economy, in this paper a multivariate model of markov switching vector error correction model (have been used). variables such as real gross domestic product in industrial sector, real effective exchange rate, real governmental expenditure, real import, inflation rate and real crude oil price is used t...

this paper analyzes the effects ofexchange policies on iran,s foreign trade, by applying new econometric techniques. in assessing the impacts of depreciation of the national currency on macroeconomic variable, the real rather than nominal exchange rate has been determined to be more appropriate criterion to demonstrate the success or failure ofthe adopted policies. during the period under the s...

within the framework of international political economy, this article discusses the situation of energy resources, including oil and gas, in central asia and argues that due to abundance of oil and gas resources in such countries as kazakhstan, turkmenistan and uzbekistan, and hefty revenues generated by those resources, statesmen in these countries are planning to turn central asia into a majo...

Oil price fluctuations affect equity values in North American, European, and Gulf Cooperation Council (GCC) stock markets, as evidenced by prior studies. However, they only focus on market-wide level analysis. This study, through both market level and sector level analyses, examines the sensitivity of Malaysian stock returns to oil price fluctuations over the period from January 2000 to March 2...

One of the objectives of OPEC is the security of demand for the crude oil exports of its members. Achieving this objective is imperative with the projected decline in OECD countries' crude oil demand among other crude oil demand shocks. This paper focuses on determining the external crude oil demand security risks of OPEC member states. In assessing these risks, this study introduces two indexe...