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The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy

Omar Eduardo Mendoza & David Vera

Latin American Journal of Economics2010https://doi.org/10.4067/s0717-68212010000100001article
ABDC C
Weight
0.67

What the paper says

We estimate the effects of unexpected changes in oil prices on output for the case of Venezuela, an oil-exporting economy. Following Hamilton (2003), Our results suggest that oil shocks have had positive and significant effects on output growth in Venezuela during the period 1984:1-2008:3. In line with previous findings for other countries, our results suggest that the Venezuelan economy is more responsive to increases in oil prices than to unexpected decreases. Our results are robust to an alternative measure of oil price shocks derived by using

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https://doi.org/https://doi.org/10.4067/s0717-68212010000100001

Or copy a formatted citation

@article{omar2010,
  title        = {{The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy}},
  author       = {Omar Eduardo Mendoza & David Vera},
  journal      = {Latin American Journal of Economics},
  year         = {2010},
  doi          = {https://doi.org/https://doi.org/10.4067/s0717-68212010000100001},
}

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The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy

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Evidence weight

0.67

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.81 × 0.4 = 0.32
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.