This book is a new stress test in applied econometric analysis of oil producing countries. It includes positive economic analysis using a sample of 11 OPEC countries from 1970 to 2019; and presents an empirical analysis of OPEC's operating model - the state-owned oil monopoly, hence its dilemma.
This book is a new stress test in applied econometric analysis of oil producing countries. It includes positive economic analysis using a sample of 11 OPEC countries from 1970 to 2019; and presents an empirical analysis of OPEC's operating model - the state-owned oil monopoly, hence its dilemma.
Weshah Razzak is Honorary Research Fellow at the School of Economics and Finance, Massey University, Palmerston North, New Zealand.
Inhaltsangabe
Chapter 1. The Dilemma, the Stylized Facts, and the Objectives Chapter 2. The Stress Test Strategy Chapter 3. The Time Series Properties of OPEC Data Chapter 4. Estimating Baseline Permanent Income for OPEC Chapter 5. Counterfactual Design and Empirical Stress Tests Chapter 6. OPEC's Options are Limited and Challenging
Chapter 1. The Dilemma, the Stylized Facts, and the Objectives Chapter 2. The Stress Test Strategy Chapter 3. The Time Series Properties of OPEC Data Chapter 4. Estimating Baseline Permanent Income for OPEC Chapter 5. Counterfactual Design and Empirical Stress Tests Chapter 6. OPEC's Options are Limited and Challenging
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