Trade Elasticities in the Middle East and Central Asia; What is the Role of Oil?
Trade Elasticities in the Middle East and Central Asia; What is the Role of Oil?
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St. Louis: Federal Reserve Bank of St. Louis
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English
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St. Louis: Federal Reserve Bank of St. Louis
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The analysis in this paper suggests that import and export volume elasticities are markedly lower in oil-exporting Middle East and Central Asian countries than in non-oil countries in the region. A key implication of this finding is that a real appreciation of the exchange rate in oil-exporting countries would achieve little in terms of expenditure...
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Trade Elasticities in the Middle East and Central Asia; What is the Role of Oil?
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TN_cdi_proquest_journals_1698600181
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1698600181
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