| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7387697 | Resources Policy | 2016 | 7 Pages |
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.
Related Topics
Physical Sciences and Engineering
Earth and Planetary Sciences
Economic Geology
Authors
Maryam Moradbeigi, Siong Hook Law,