The Effects of Oil Price Shocks on real GDP in Iran
In this paper, the asymmetric effects of oil price shocks on GDP have been investigated by co-integration analysis in Iran economy during the period 1960-2010. We used Hodrick-Prescott filtering to separate positive shocks from negative shocks. The results showed that in long run the negative shocks...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Faculty of Economic Sciences, Hyperion University, Bucharest, Romania
2013-09-01
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Series: | Hyperion Economic Journal |
Subjects: | |
Online Access: | http://www.hej.hyperion.ro/articles/3(1)_2013/HEJ%20nr3(1)_2013_A3Larijani.pdf |