The Effects of Commodity Discoveries on Small Open Economies: Empirical Evidence from the Falkland Islands

The aim of this study is to determine the effects of discovering oil on the performance of a small open economy, in this case the Falkland Islands. Using an event study approach and the return on one of the Falkland Islands’ main companies, the results suggest that the discovery of oil has...

Full description

Bibliographic Details
Main Author: Bruce Morley
Format: Article
Language:English
Published: MDPI AG 2019-10-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/7/4/106