UNFORESEEN OIL PRICE SHOCKS AND ECONOMIC GROWTH IN IRAN: AN APPLICATION OF MARKOV SWITCHING REGRESSION

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

MEHREGAN NADER; SALMANI YUNES

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: IRANIAN ENERGY ECONOMICS Year:2014 | Volume:3 | Issue:12 Page(s): 183-209

Download Full-Text

Persian Verion

View:

915

Download:

Cites:

Information Journal Paper

Title

UNFORESEEN OIL PRICE SHOCKS AND ECONOMIC GROWTH IN IRAN: AN APPLICATION OF MARKOV SWITCHING REGRESSION

Author(s)

MEHREGAN NADER | SALMANI YUNES | Issue Writer Certificate

Keywords

PRICE OF OPEC BASKET CRUDE OILQ2

OIL PRICE SHOCKSQ2

ECONOMIC GROWTHQ2

ASYMMETRYQ2

REGIME TRANSITIONQ2

MARKOV SWITCHING REGRESSIONQ1

Abstract

The Economy Affected by OIL PRICE SHOCKS when that’s Similar Shocks Didn’t occurred in nearest recent period. In other hands, the relationship between OIL PRICE SHOCKS and the Iran economy changed by economic structural changes. For these reasons, present study has been investigate the effects of unforeseen OIL PRICE SHOCKS on ECONOMIC GROWTH during the period 1367.1 -1389.4 using Markov switching model. The Results show that the impact of positive unforeseen OIL PRICE SHOCKS on ECONOMIC GROWTH are lesser and more durable than negative shocks. Also they unable to ensure the high ECONOMIC GROWTH but they lead to the state of middle ECONOMIC GROWTH. In return, although negative shocks are not able to keep the economy in a state of low ECONOMIC GROWTH, but they can be prevented the economy to achieve a status of high ECONOMIC GROWTH.

Cites

ANALYZING THE EFFECT OF EXCHANGE RATE SHOCKS, FOREIGN INVESTMENT AND OIL REVENUES ON ECONOMIC GROWTH OF OPEC COUNTRIES: PANEL VECTOR AUTOREGRESSIVE MODEL

References

No record.

Cite

APA: Copy

MEHREGAN, NADER, & SALMANI, YUNES. (2014). UNFORESEEN OIL PRICE SHOCKS AND ECONOMIC GROWTH IN IRAN: AN APPLICATION OF MARKOV SWITCHING REGRESSION. IRANIAN ENERGY ECONOMICS, 3(12), 183-209. SID. https://sid.ir/paper/244925/en

Vancouver: Copy

MEHREGAN NADER, SALMANI YUNES. UNFORESEEN OIL PRICE SHOCKS AND ECONOMIC GROWTH IN IRAN: AN APPLICATION OF MARKOV SWITCHING REGRESSION. IRANIAN ENERGY ECONOMICS[Internet]. 2014;3(12):183-209. Available from: https://sid.ir/paper/244925/en

IEEE: Copy

NADER MEHREGAN, and YUNES SALMANI, “UNFORESEEN OIL PRICE SHOCKS AND ECONOMIC GROWTH IN IRAN: AN APPLICATION OF MARKOV SWITCHING REGRESSION,” IRANIAN ENERGY ECONOMICS, vol. 3, no. 12, pp. 183–209, 2014, [Online]. Available: https://sid.ir/paper/244925/en

Related Journal Papers