Asymmetric Effects of Oil Shocks on Government Expenditures and Investment: An Application of Murk Rule
Oil revenues play an important role in the political economy of Iran. In this study we analyze the asymmetric effects of oil price shocks on government expenditures and investment for the period of 1978-2008. We Apply the VAR model and impulse response functions (IRFs). The main result shows that oi...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2013-10-01
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| Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| Subjects: | |
| Online Access: | http://joer.atu.ac.ir/article_902_b74887a562a67bd3e14f8c7242ea117d.pdf |