Call Us 080-41656200 (Mon-Sat: 10AM-8PM)
Free Shipping above Rs. 1499
Cash On Delivery*

Effects of the Oil Export Price Increase on the Economy

 

Marketed By :  VDM Verlag Dr. Müller   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days

 

Check Your Delivery Options

 
Rs. 5,886

Availability: In stock

 
  • Product Description
 

This study examines the effects of the oil export price increase in both theoretical and empirical contexts considering the Kazakhstani economy as a case study, and discusses the effects of different macro closure rules. The study has been motivated by several factors. First, the theoretical literature on this subject is limited as it relies on the Salter-Swan framework that does not incorporate two- way trade or it assumes the oil sector an enclave. Second, the empirical literature on the effects of the oil export price increase on Kazakhstan using an economy-wide framework is limited. Third, there is hardly anything in the literature that tests the effects of different macro closure rules in theoretical multi-sector models, although different macro closure rules might trigger different results. As a result, most of the CGE modelers conventionally do not explain the rationale behind their choice of macro closure rules, although the results might be different under different macro closure rules. The study develops several stylized models to test the effects of alternative macro closure rules and applies Lofgren et al''s (2002) model to the Kazakhstani economy.

Product Specifications
SKU :COC69331
AuthorZhanna Kapsalyamova
LanguageEnglish
BindingPaperback
Number of Pages300
Publishing Year2011-07-31T00:00:00.000
ISBN978-3639368888
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandVDM Verlag Dr. Müller
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00