The Effects of Oil Price Shocks on real GDP in Iran

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...

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Bibliographic Details
Main Authors: Mohammad Taghi Khosravi Larijani, Abbas Rezazadeh Karsalari, Mehdi Aghaee
Format: Article
Language:English
Published: Faculty of Economic Sciences, Hyperion University, Bucharest, Romania 2013-09-01
Series:Hyperion Economic Journal
Subjects:
lead
real GDP
Iran economy
asymmetric effects
oil price shocks
Johansen cointegration test
Online Access:http://www.hej.hyperion.ro/articles/3(1)_2013/HEJ%20nr3(1)_2013_A3Larijani.pdf

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