abstract i n this paper, we investigate the existence and the nature of real exchange rate misalignment in organization of the petroleum exporting countries (opec). to do this we estimated a cross country basic real exchange rate determination model for 1990-2012 and extracted historic trend of misalignment. the results imply that all opec countries have had misalignment -of different kinds tho...

The effective real exchange rate is one of the variables that can Misalignment from equilibrium values, Performance affects macroeconomic indicators and creates an unstable uncertain environment in economy. Therefore, order to investigate factors affecting OPEC member countries during period 1980-1980, first, framework least dynamic ordinary squares method (DOLS), for determining have been inve...

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...

Abstract I n this paper, we investigate the existence and the nature of real exchange rate misalignment in Organization of the Petroleum Exporting Countries (OPEC). To do this we estimated a cross country basic real exchange rate determination model for 1990-2012 and extracted historic trend of misalignment. The results imply that all OPEC countries have had misalignment -...