Oil Price Shocks and Economic Growth in Oil-Exporting Countries

Does the Size of Government Matter?

Oil Price Shocks and Economic Growth in Oil-Exporting Countries
This paper examines the impact of government size on how output and government expenditure respond to oil price shocks in 28 oil-exporting countries between 1990 and 2016. Results suggest that if the size of government (measured by government expenditure-to-(non-oil) GDP ratio) is larger, non-oil output growth, in response to a... READ MORE...

Publication date: December 2017
ISBN 9781484335390
$18.00

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