Oil Price Fluctuations and Macroeconomy: Empirical Evidence from Egypt, Iran and Saudi Arabia

Tools

Voo, Vincent Chung Yin (2009) Oil Price Fluctuations and Macroeconomy: Empirical Evidence from Egypt, Iran and Saudi Arabia. [Dissertation (University of Nottingham only)] (Unpublished)

[img] PDF - Registered users only - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Download (66MB)

Abstract

This research concludes that the respective macroeconomic performances of Egypt, Iran and Saudi Arabia economy are adversely affected by oil price shocks. Both impulse response and variance decomposition analysis provide reasonable evidence to support that the impact had mixed significant adverse effects on their gross domestic product (GDP) and inflation. Further analysis is conducted to examine these countries past experience of oil shocks. In summary, this study identifies that the impact of an oil price shock on the economies of Egypt and Saudi Arabia is marginal but it is significant for the case of Iran.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 28 Sep 2010 08:50
Last Modified: 20 Mar 2018 15:35
URI: https://eprints.nottingham.ac.uk/id/eprint/24228

Actions (Archive Staff Only)

Edit View Edit View