The Time-Varying Effects of Oil Shocks on the Trade Balance of Saudi Arabia
This study aims to analyze the impact of oil shocks on the external balance of Saudi Arabia, as one of the largest net oil-exporting countries. To this end, a time-varying parameter vector autoregression model (TVP-VAR) is estimated by using quarterly data covering the period between 1991: Q1 and 20...
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-04-01
|
Series: | Resources |
Subjects: | |
Online Access: | https://www.mdpi.com/2079-9276/12/5/54 |