The effect of long and short time oil shocks on economic growth in Iran

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Sayyed Abdolmajid Jalaee; Sanaz Mohammadi;
  • Publisher: Editura ASE Bucuresti
  • Journal: Romanian Economic Journal,volume 15,issue 45 December,pages69-92 (issn: 1454-4296)
  • Publisher copyright policies & self-archiving
  • Subject: HF5001-6182 | Business | Economic growth -oil price shock- GARCH model- VAR model- VECM model | HB1-3840 | Economic theory. Demography | Economic growth -oil price shock- GARCH model- VAR model-VECM model
    • jel: jel:E32 | jel:O47 | jel:Q33
    mesheuropmc: health care economics and organizations

Oil is one of the strategic good so that price fluctuations and shocks of it have major effects on economic growth and recession in depended countries to revenues of it. In this study, it is tried that the effect of oil price shocks investigated in two types (short and ... View more
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