countries/regions over the period 1979Q2.2011Q2, to discriminate between supply-driven and demand-driven oil-price shocks and to … consequences of a supply-driven oil-price shock are very different from those of an oil-demand shock driven by global economic …-lived fall in economic activity in response to a supply-driven surge in oil prices, the impact is positive for energy …

results of our Global VAR model of the world economy indicate that the economic consequences of El Niño shocks differ across …

/regions over the period 1979Q2–2011Q2, as well as bounds on impact price elasticities of oil supply and oil demand to discriminate … between supply-driven and demand-driven oil-price shocks, and to study the time profile of their macroeconomic effects across … and hence reducing the set of admissible models. The results indicate that the economic consequences of a supply …

Cooperation Council (GCC) countries and MENA oil exporters to the rest of the world. This analysis is based on a Global Vector …

conclusion is that world economic activity is higher through most of the simulation period [2014-2035] when U.S. natural gas … increase and level of exports are determined, and the price elasticity of natural gas supply. The U.S. benefits more when …

petroleum market with the recognition that recorded stocks of oil comprise a small share of annual demand and that the parallel …

run restrictions in each country/region conditioning on the rest of the world. Bootstrapping is used to compute both the …

autogression estimation. Comparing growth performance, fiscal and current account developments in these countries, the study …