The Role of Institutions in the Dynamic Effects of Oil Revenues in Oil Economies

Mahdie Shadrokh and Hamid Zamanzadeh
Additional contact information
Mahdie Shadrokh: Tarbiat Modares University
Hamid Zamanzadeh: Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran

Journal of Money and Economy, 2017, vol. 12, issue 1, 23-36

Abstract: The purpose of this paper is to investigate the system of oil revenues effects on the production performance of oil-rich countries in both short and long-run. To reveal new insight, a macroeconomic model is designed to hypothesize long-run structural relations in the economies of the oil-rich countries including three long-run relationships

Keywords: Oil Revenue; Institutional Quality; Oil Producing Countries; Production; Vector Error Correction Model (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://jme.mbri.ac.ir/article-1-289-en.pdf (application/pdf)
http://jme.mbri.ac.ir/article-1-289-en.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mbr:jmonec:v:12:y:2017:i:1:p:23-36

Access Statistics for this article

More articles in Journal of Money and Economy from Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran
Bibliographic data for series maintained by P. R. ().