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Author = Fatemeh Sorkhe-Dehi

Number of Articles: 1
Asymmetric Effects of Oil Shocks on Government Expenditures and Investment: An Application of Murk Rule

Mir Hossein Mousavi; Fatemeh Sorkhe-Dehi

Volume 13, Issue 50 , October 2013, , Pages 123-141

Abstract
  Oil revenues play an important role in the political economy of Iran. In this study we analyze the asymmetric effects of oil price shocks on government expenditures and investment for the period of 1978-2008. We Apply the VAR model and impulse response functions (IRFs). The main result shows that oil ...  Read More