Oil sector is the most effective sector in these countries. Oil is the most important product that world industries use as the cheapest energy. The price of oil depends on the world’s supply and demand and many economic, political and geographical variables. This is the reason why the price of oil has fluctuations. The fluctuations in oil price lead to fluctuate in the oil revenues of the membe...

Background: infant mortality rate is one of the main health indicators for assessing the health system’s performance over the world. We aim to examine the socioeconomic and health system factors affect infant mortality in OPEC from 2004 to 2013. Methods: was used to examine the effects of some of the key explanatory factors (total fertility rate per women, GDP per capita (current US$), public h...

The relation between the climate regulation and the multilateral trade regime is a rising issue in the field of international governance. This article presents the options available to OPEC economies related to this. It analyses the option of introducing a carbon tax or border adjustment measures in the core of the WTO regime. It demonstrates that this option is not sustainable for both institu...

oil-exporting economies largely dependent on oil revenues and oil income fluctuation are one of the most important factors that influence sectors of the economy specially the stock market. this paper investigate the relationship between oil markets and stock return volatility and transmission in a selection of opec countries, using a multivariate garch models (full-vech) over the period may 201...

after the establishment of the opec, oil-rich countries of the third world, which were in struggle with big petroleum companies since the 1950s, tried to use oil as a means for achieving their economic and political goals. as an example, the opec raised the price of petroleum in 1973 and 1974 to unprecedent levels. concurrent with these conditions, richard nixon, then the president of the unite...

This paper presents a test to discriminate among behaviors of producers of exhaustible resources. In contrast with previous empirical studies (Griffin, 1985), which studied the static implications of such behaviors, our approach is based on the possibility of testing the dynamic implications of the behavior of the "competitive" producer versus the "collusive" producer. The behavior of a competi...