Faheem, Muhammad; Azali, Mohamed; Lee, Chin; Nur … - In: Pakistan journal of commerce and social sciences 14 (2020) 3, pp. 685-714
The fluctuations in oil price have vital importance for their presumed role in the trade balance. Our study investigates the oil price fluctuation effect on the trade balance for period 1980-2017. We employ linear and nonlinear autoregressive distributed lag models simultaneously and find the...