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.
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Additional Metadata
Item Type: | Article |
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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 |
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