While until the mid-1990s the Organization of the Petroleum Exporting Countries played a key role in oil pricing, during recent decades, rapid economic growth in developing economies has boosted the demand for oil, making oil prices vulnerable to a wider range of factors. This research will...

This research investigates the interrelationship between the main macroeconomic indicators of an oil exporting country and world oil prices using a vector autoregressive (VAR) approach. We focus on an economy, which is a non-OPEC oil exporter and its oil revenues account for a significant...

While until the mid-1990s the Organization of the Petroleum Exporting Countries played a key role in oil pricing, during recent decades, rapid economic growth in developing economies has boosted the demand for oil, making oil prices vulnerable to a wider range of factors. This research will...

This research investigates the interrelationship between the main macroeconomic indicators of an oil exporting country and world oil prices using a vector autoregressive (VAR) approach. We focus on an economy, which is a non-OPEC oil exporter and its oil revenues account for a significant...

While until the mid-1990s the Organization of the Petroleum Exporting Countries played a key role in oil pricing, during recent decades, rapid economic growth in developing economies has boosted the demand for oil, making oil prices vulnerable to a wider range of factors.We examine the impacts...