UPM Institutional Repository

Growth volatility and resource curse: does financial development dampen the oil shocks?


Citation

Moradbeigi, Maryam and Law, Siong Hook (2016) Growth volatility and resource curse: does financial development dampen the oil shocks? Resources Policy, 48. pp. 97-103. ISSN 0301-4207; ESSN: 1873-7641

Abstract

We assess whether well-developed financial system can moderate the positive association between oil volatility and growth volatility. Using a core sample of 63 oil-producing countries over the period 2000–2010, the empirical analysis confirms a negative link between oil terms of trade volatility and growth volatility. In addition, we find evidence that financial development dampens the effect of oil terms of trade volatility.


Download File

[img]
Preview
PDF (Abstract)
Growth volatility and resource curse does financial development dampen the oil shocks.pdf

Download (47kB) | Preview

Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.1016/j.resourpol.2016.02.009
Publisher: Elsevier
Keywords: Financial development; Oil volatility; Growth volatility
Depositing User: Nabilah Mustapa
Date Deposited: 18 May 2016 04:09
Last Modified: 18 May 2016 04:09
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1016/j.resourpol.2016.02.009
URI: http://psasir.upm.edu.my/id/eprint/43222
Statistic Details: View Download Statistic

Actions (login required)

View Item View Item