Monetary Integration among Oil Exporter Countries: Testing Kenen’s Product Diversification Hypothesis in the Organization of Islamic Cooperation

<p>Kene (1969) hypothesizes that countries that are largely dependent on one export commodity could experience weaker monetary integration and synchronize the business cycle among them. This paper aims to retest Kenen's hypothesis, which is applied to the seven largest oil-producing count...

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Bibliographic Details
Main Author: Memet Agustiar
Format: Article
Language:English
Published: EconJournals 2020-03-01
Series:International Journal of Energy Economics and Policy
Online Access:https://econjournals.com/index.php/ijeep/article/view/8970