BLACK GOLD & FLUCTUATION: A CRONIC EFFECT ANALYSIS ON OIL IMPORTER & EXPORTER ECONOMIES (1973-2009)
Journal Title: Academic Research International - Year 2012, Vol 3, Issue 2
Abstract
This paper studies the macro-economic dynamics in oil exporting economies and oil importing economies using Panel VAR approach. This learning in divergent with the majority other researches which center of attention is only developing net oil exporters –instead of importers and exporters economies and in accumulation to explore macro-economic fluctuations, formulate accessible fresh approaching into the collision of oil shocks on macroeconomic variables. Instability on the supply side of the oil market give explanation the largest part of the observed oil price unpredictability and are mainly caused and effect on the oil exporting economies. The oil shocks are due to demand and supply desired difference by the developing economies and developed economies. These shocks also negative effect oil importing economies (Pakistan, India & Bangladesh) GDP meanwhile these shocks also create impact and un-stability on oil exporting economies (Kuwait, Iran and Saudia) GDP.
Authors and Affiliations
MUHAMMAD JAWAD
Keywords
Related Articles
- EP ID EP156292
- DOI -
- Views 101
- Downloads 0
The Effectiveness of the Management of the Local Tax Revenue of the Government of Surabaya City
The focus of the study was the effectiveness of Local Tax Revenue of Surabaya City which could influence the original local revenue. The result indicated that the average of the regional tax revenue contribution towards...
STUDY THE AMOUNT OF APPLICATION OF SOCIAL CAPITAL INDICES AT BABOL CARPET AND RUG INDUSTRIES COMPANY
The aim of the current research is considering the realization rate of the social capital component in the Babol Moquette & Carpet Industries Company. The research is a descriptive-survey one and the population consi...
TURKISH ELDERLY’S LIFE SATISFACTION ACCORDING TO INDIVIDUAL CHARACTERISTICS AND DEPENDENCE IN DAILY LIFE ACTIVITIES
Background: Older people must maintain their lives in the face of various obstacles due to health and social problems that occur with aging. Certainly, difficulties in daily life activities become more evident with advan...
TASK BASED LANGUAGE TEACHING: A NEOPHYTE IN PAKISTAN
This article presents the current picture of the ELT scenario in Pakistan and its pedagogical perspectives. English is taught as a compulsory subject in Pakistan from class One to Bachelor's degree, yet most of the stude...
LABOR AND WAGE IN ISLAM
Labor and wages are inseparable. Both are always interesting theme to be studied. The discussion of wages at moment is a hot topic to talk about. On the one hand, the workers have the right to demand a wage increase give...