Allegret, Jean-Pierre; Couharde, Cécile; Coulibaly, Dramane - Centre d'études prospectives et d'informations … - 2013
Oil-exporting countries usually experience large current account improvements following a sharp increase in oil prices. In this paper, we investigate this oil price-current account relationship on a sample of 27 oil-exporting economies. Relying upon the estimation of panel smooth transition...