Oil exports and non-oil exports Dutch disease effects in the Organization of Petroleum Exporting Countries (OPEC)
dc.authorid | Akalin, Guray/0000-0002-6647-5418 | |
dc.authorid | Karamelikli, Huseyin/0000-0001-7622-0972 | |
dc.contributor.author | Karamelikli, Huseyin | |
dc.contributor.author | Akalin, Guray | |
dc.contributor.author | Arslan, Unal | |
dc.date.accessioned | 2024-09-29T16:03:24Z | |
dc.date.available | 2024-09-29T16:03:24Z | |
dc.date.issued | 2017 | |
dc.department | Karabük Üniversitesi | en_US |
dc.description.abstract | Purpose - The purpose of this paper is to examine the dynamic relationship between oil exports, non-oil exports, imports and economic growth in the Organization of Petroleum Exporting Countries (OPEC), covering the period 1972-2013 by using panel data analysis. Design/methodology/approach - The results from the dynamic panel data methods are as follows: there exists the cross-sectional dependence on each variable. According to the cross-sectionally augmented panel unit root tests, all variables are stationary at the first difference. Westerlund and Edgerton (2007) LM Bootstrap cointegration test shows that there is a long-term relationship between variables. Findings - The results obtained by the Common Correlated Effects (CCE) estimator indicate that the increase in oil exports has a positive impact on the GDP of all countries, while the increase in oil exports has a negative impact on the non-oil exports of some countries. Originality/value - In this study, the relationship between oil exports, economic growth, imports and non-oil exports of the 12 OPEC member countries is tested by considering the cross-sectional dependence between 1972 and 2013. In the study, the authors found a positive relationship as a result of researching the impact of oil exports on economic growth in the frame of CCE panel estimations results. | en_US |
dc.identifier.doi | 10.1108/JES-01-2016-0015 | |
dc.identifier.endpage | 551 | en_US |
dc.identifier.issn | 0144-3585 | |
dc.identifier.issue | 4 | en_US |
dc.identifier.scopus | 2-s2.0-85028305090 | en_US |
dc.identifier.scopusquality | Q1 | en_US |
dc.identifier.startpage | 540 | en_US |
dc.identifier.uri | https://doi.org/10.1108/JES-01-2016-0015 | |
dc.identifier.uri | https://hdl.handle.net/20.500.14619/6068 | |
dc.identifier.volume | 44 | en_US |
dc.identifier.wos | WOS:000408361300003 | en_US |
dc.identifier.wosquality | N/A | en_US |
dc.indekslendigikaynak | Web of Science | en_US |
dc.indekslendigikaynak | Scopus | en_US |
dc.language.iso | en | en_US |
dc.publisher | Emerald Group Publishing Ltd | en_US |
dc.relation.ispartof | Journal of Economic Studies | en_US |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | Economic growth | en_US |
dc.subject | Panel data analysis | en_US |
dc.subject | Export | en_US |
dc.subject | OPEC | en_US |
dc.title | Oil exports and non-oil exports Dutch disease effects in the Organization of Petroleum Exporting Countries (OPEC) | en_US |
dc.type | Article | en_US |