Table 1. Iraq Crude Oil Exports – January 2021
 2. February 3. March

International trade has been playing an extremely significant role in China over the last 20 years. This paper is aimed to investigate and understand the relationship between China’s macro-economy and oil price from this new perspective. We find strong evidence that the increase of China’s price level resulting from oil price shocks is statistically less than that of its main trade partners’. T...

Hardly a day passes without news about violent acts from the Niger Delta appearing on the headlines of local and international newspapers, or news broadcast media. Such reports vividly document incidents of violence—clashes between rival armed groups, and between militias and government troops, killings, sabotage of oil pipelines and installations, and a thriving transnational trade in stolen o...

In the last decade, Iranian authorities have implemented a number of trade reforms and export stimulating policies. They have also tried to stabilise the dollar exchange rate and eliminate the black market premium. These policies have had little, if any, lasting favourable effect on non-oil exports. One conjecture may be based on the inconsistency of their monetary policy: as money supply is us...

In this paper we analyze the role of trade shocks in shaping aggregate fluctuations in Venezuela from 1950 to 1995. To this end a stochastic general equilibrium model of a small open economy whose main productive activity rests in the exports of a single basic product is specified. Shocks to the terms of trade which are directly associated to oil price changes are modelled as a foreign transfer...

The objectives of this study are 1) to know and analyze the contribution Volume palm oil exports European Union total Indonesian in 2000-2019. 2) effect production, CPO prices, exchange rates, EU policies on 2000-2019 3) describe EU's exports. model used is a multiple linear regression model. t-test results show that partially price, rate, policy affect Union. set by for Indonesia's Renewable E...

Growth studies show, counter to intuition, that the discovery of a natural resource may be a curse rather than a blessing since resource-rich countries grow slower than others. Moreover, resource abundance may involve a displacement of a growth-essential manufacturing sector, leading to Dutch Disease. Norway is an important exception to the curse and the disease. Since oil production started in...

It is expected that global oil prices will increase in the future. Assessing the overall economic impacts on tourism is difficult, as oil price rises will be concomitant with global changes in other commodity prices, exchange rates, and incomes. A general equilibrium perspective is therefore presented in this paper. The model couples a global general equilibriummodel with a purpose-built CGEmod...