Click for new scientific resources and news about Corona[COVID-19]

Paper Information

Journal:   JOURNAL OF ECONOMIC MODELING RESEARCH   SUMMER 2011 , Volume - , Number 4; Page(s) 103 To 122.
 
Paper: 

THE ROLE OF INSTITUTIONAL QUALITY IN THE RELATIONSHIP OF REAL EXCHANGE RATE AND OIL PRICE, CASE STUDY: OIL-EXPORTING ECONOMIES

 
 
Author(s):  SALMANI BEHZAD, BEHBUDI DAVOOD, MAMIPOUR SIAB
 
* 
 
Abstract: 

The optimal usage of oil as a natural resource is an important problem in exporting countries. These countries always are encountered with uncertainty and volatility of oil prices and its effects on real exchange rate. The main purpose of this paper is to investigate the relationship of between oil prices and exchange rate by emphasizing institutional quality in during 1995-2006. The model of this paper is estimated by panel data approach. Findings show that the oil prices have a positive effect on real exchange rate and it reduces international competition power. But institutional quality affects the extent to which the real exchange rates of oil-exporting countries co-move with the oil price. The results show that countries with high institutional quality such as control of corruption and regularity quality have real exchange rates which co-move less with the oil price.

 
Keyword(s): OIL PRICES, REAL EXCHANGE RATE, INSTITUTIONAL QUALITY, OIL EXPORTING COUNTRIES
 
 
References: 
  • Not Registered.
  •  
  •  
 
Citations: 
  • Not Registered.
 
+ Click to Cite.
APA: Copy

SALMANI, B., & BEHBUDI, D., & MAMIPOUR, S. (2011). THE ROLE OF INSTITUTIONAL QUALITY IN THE RELATIONSHIP OF REAL EXCHANGE RATE AND OIL PRICE, CASE STUDY: OIL-EXPORTING ECONOMIES. JOURNAL OF ECONOMIC MODELING RESEARCH, -(4), 103-122. https://www.sid.ir/en/journal/ViewPaper.aspx?id=277169



Vancouver: Copy

SALMANI BEHZAD, BEHBUDI DAVOOD, MAMIPOUR SIAB. THE ROLE OF INSTITUTIONAL QUALITY IN THE RELATIONSHIP OF REAL EXCHANGE RATE AND OIL PRICE, CASE STUDY: OIL-EXPORTING ECONOMIES. JOURNAL OF ECONOMIC MODELING RESEARCH. 2011 [cited 2021July24];-(4):103-122. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=277169



IEEE: Copy

SALMANI, B., BEHBUDI, D., MAMIPOUR, S., 2011. THE ROLE OF INSTITUTIONAL QUALITY IN THE RELATIONSHIP OF REAL EXCHANGE RATE AND OIL PRICE, CASE STUDY: OIL-EXPORTING ECONOMIES. JOURNAL OF ECONOMIC MODELING RESEARCH, [online] -(4), pp.103-122. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=277169.



 
 
Persian Abstract Yearly Visit 59
 
 
Latest on Blog
Enter SID Blog