The effects of oil price shocks on real GDP in Iran
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چکیده
منابع مشابه
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Iran is one of the oil exporting countries, so the oil price plays a remarkable role in the government budget and is a major source of foreign exchange. On the other hand, the reliance of the government budget to oil income as well as its fluctuations is a fact referred to as the most important cause of inflation by many researchers. This paper explores the effect of shocks in the exchange rate...
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       This paper proposes a new forecasting model for investigating relationship between the price of crude oil, as an important energy source and GDP of the US, as the largest oil consumer, and the UK, as the oil producer. GMDH neural network and MLFF neural network approaches, which are both non-linear models, are employed to forecast GDP responses to the oil price changes. The resul...
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ژورنال
عنوان ژورنال: African Journal of Business Management
سال: 2013
ISSN: 1993-8233
DOI: 10.5897/ajbm12.065