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Capital is one of the most critical components affecting economic growth. In this way, capital account liberalization is effective on economic growth. Theoretical foundations and empirical evidence showed various effects of capital account liberalization on economic growth for reasons such as...
Persistent link: https://www.econbiz.de/10013210839
Despite the importance of relying on renewable energy sources, oil-producing countries, especially Iran, encounter numerous risks associated with the generation of such energy sources. The present study investigated the risks in renewable energy in Iran. As the first investigation addressing...
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This paper focuses on the impacts of oil revenues on government fiscal policy when we have externality of human capital in economic. Therefore, we devised a fiscal policy capable to make the decentralized economy to achieve the first-best equilibrium in the Uzawa-Lucas model. The results of this...
Persistent link: https://www.econbiz.de/10010695819
Given the economic and geopolitical importance of oil, it is important to understand the resilience of the global oil trade network to shocks. In this paper, the aim is to identify the structure of the global oil trade network and its resilience to shocks. First, the structure of the global oil...
Persistent link: https://www.econbiz.de/10013304894