Asymmetric Effect of Oil Price on Economic Activity: Evidence from Lebanon Using NARDL Model
The aim of this paper is to investigate the impact of oil prices on the real economic activity of Lebanon, represented by the Gross Domestic Product (GDP) while controlling for inflation. For this purpose, this study employs a non-linear auto-regressive distributed lag model (NARDL) that enables...
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
EconJournals
2024-03-01
|
Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | https://www.econjournals.com/index.php/ijeep/article/view/15429 |