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

Article OPEN
Sayyed Abdolmajid Jalaee; Sanaz Mohammadi;
(2012)
  • 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
  • References (8)

    20. Iwayemi. A, Babajide Fowowe (2011)".Impact of oil price shocks on selected macroeconomic variables in Nigeria." Energy Policy 39 (2011) 603-612.

    21. Aloui .C, Rania Jammazi (2009). "The effects of crude oil shocks on stock market shifts behavioral regime switching approach." Energy Economics 31 (2009) 789-799.

    22. Apergis.N, Stephen M. Miller (2009). "Do structural oil-market shocks affect stock prices?” Energy Economics 31 (2009) 569-575.

    23. Doroodian.K, Roy Boyd (2003). "The linkage between oil price shocks and economic growth with inflation in the presence of technological advances: a CGE model". Energy Policy 31 (2003) 989- 1006.

    24. Tang.W, Libo Wu, Zhong Xiang Zhang (2010)." Oil price shocks and their short- and long-term effects on the Chinese economy". Energy Economics 32 (2010) S3-S14.

    25. Jbir.R, Sonia Zouari-Ghorbel (2009). "Recent oil price shock and Tunisian economy". Energy Policy 37 (2009) 1041-1051.

    26. Baumeister.CH, Gert Peers man (2008). "Time-Varying Effects of Oil Supply Shocks on the US Economy". TWEEKERKENSTRAAT 2B-9000 GENT, D/2008/7012/24.

    27. Lee, K., Ni, S., Ratti, R (1995). "Oil shocks and the macro economy: the role of price variability”. Energy Journal16, 39-56.

  • Metrics
Share - Bookmark