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...

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Bibliographic Details
Main Authors: Nour Fakhreddine, Noura Najia, Abbas Mourad, Wafaa Nasser
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