Dreger, Christian; Rahmani, Teymur - Wirtschaftswissenschaftliche Fakultät, … - 2014
In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP … oil revenues, GDP and investment can be confirmed for all countries. While the cointegration vector is found to be unique … elasticities for the Gulf states exceed their Iranian counterparts. In addition, investment in Iran does not react to oil revenues …