The Theory demonstrates that oil price and volatility (OVX) are significant determinants of economic activity; however, studies seldom consider both variables in the oil–exchange rate nexus ignore distributional heterogeneity exchange rate. We investigate their joint effect employ quantile regression Markov switching models to address this. differentiate between positive/negative shocks control...

An oil-importing country is anxious about large oil imports. Importing countries must pay enormous foreign exchanges, which can suffer from the balance of payments. The long-term economic stability like Pakistan and a rise in prices may be impacted. With changes prices, importers see their strength fluctuating developing economies. Many industries are connected with oil, they directly linked be...

This paper considers the coordination of domestic markets for tradable emission permits where countries determine their own emission reduction targets, using a two-country model. Linking such schemes is beneficial to both countries but may cause the exporting country to decrease its emission reduction target and export more permits. This in turn would not only reduce the costs for both countrie...

This paper is dedicated to studying and modeling the interdependence between oil returns exchange-rate movements of oil-exporting oil-importing countries. Globally, twelve countries/regions are investigated, representing more than 60% 67% all exports imports. The sample period encompasses economic natural events like Great Recession (2007–2009) COVID-19 pandemic. We use dynamic conditional corr...

oil seeds and crude vegetable oil are the raw materials used in vegetable oil producing industry. vegetable oil producing plants in iran are dependent on importing the material in a way that more than 90 percent of these materials are to be imported. soybean oil seed is the main oil seed utilized in the oil producing plants which is procured through importation from other countries. in the worl...

Crude oil is considered as a major resource of any developing country it may be either Oil importing or exporting countries. The present study examines the relationship between Exchange rate, and Stock market returns. analyse monthly observations from 1 st April 2003 to 31 March 2019 with help Co integration, Granger causality, Variance Decomposition. overall findings indicate significant effec...

a r t i c l e i n f o JEL classification: F1 F4 Q43 N75 Keywords: Oil price shock Trade balance VAR Granger non-causality test Gregory-Hansen cointegration test This study aims to examine whether a large part of the variability of trade balances and their oil and non-oil components is associated with oil price fluctuations. The long-run causality running from oil price to overall, oil and non-o...

Output growth in the U.S., a commodity-importing country, increases its demand for imports of commodities and therefore commodity prices, which benefits commodityexporting countries but has adverse effects on commodity-importing countries. Hence, in the data, U.S. output is more positively correlated with outputs of commodity-exporting countries than commodity-importing countries. In other word...

The recent development of the telecommunication industries that form the " info structure " environment has enhanced economic activity through improved information technology (IT). IT could enlarge the volume of information flow, which accelerates productivity, but its impact on international trade has not been tested. The main objective of this thesis is to estimate the relationship between te...