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growth of a larger magnitude than that of oil price declines, with the latter being statistically insignificant in most cases … Japan. Moreover, the effect of oil shocks on GDP growth differs between the two oil exporting countries in our sample, with …
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We present a general equilibrium model of the global oil market, in which the oil price, oil production, and consumption, are jointly determined as outcomes of the optimizing decisions of oil importers and oil exporters. On the supply side the oil market is modelled as a dominant firm – Saudi...
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enlargement to boost the sluggish European growth rate. They think that a larger EU will have a stronger say in global trade …
Persistent link: https://www.econbiz.de/10009636516
The paper summarises the overall situation of information and communication technologies (ICT) in the new EU member states from a global perspective. It provides a set of indicators to benchmark the introduction of new technologies into education and everyday life. The data gathered by the...
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