Iwayemi, Akin; Fowowe, Babajide - In: Energy Policy 39 (2011) 2, pp. 603-612
The impact of oil price shocks on the macroeconomy has received a great deal of attention since the 1970Â s. Initially, many empirical studies found a significant negative effect between oil price shocks and GDP but more recently, empirical studies have reported an insignificant relationship...
