Asymmetries in the effect of oil rent shocks on economic growth: A sectoral analysis from the perspective of the oil curse
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DOI: 10.1016/j.resourpol.2021.102326
Abstract: Abstract We provide new insight into the oil curse hypothesis by considering the asymmetric reaction of aggregate and sector-level growth to positive and negative oil rent shocks. Using a Nonlinear Autoregressive Distributed Lag (NARDL) approach… read more here.
Keywords: curse; oil rent; growth; oil ... See more keywords