The effects of oil dependence on growth volatility

Detalhes bibliográficos
Autor(a) principal: Duarte, Catarina Brito
Data de Publicação: 2017
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/22290
Resumo: In this thesis, we analyze the relationship between dependence on oil exports and growth volatility, controlling for other determinants. We collect annual data from 1995 to 2015 on a sample of 42 oil net exporting countries and use the standard system generalized methods of moments (GMM) approach developed by Arellano and Bover (1995) and Blundell and Bond (1998). We also investigate the channels that moderate this effect through macroeconomic policies suggested by policymakers and we find evidence that supports the mitigating effect of financial development, institutional quality and human capital on the transmission of oil dependence on growth volatility.
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spelling The effects of oil dependence on growth volatilityOil dependenceMacroeconomic volatilityResource curseSystem-GMMDomínio/Área Científica::Ciências Sociais::Economia e GestãoIn this thesis, we analyze the relationship between dependence on oil exports and growth volatility, controlling for other determinants. We collect annual data from 1995 to 2015 on a sample of 42 oil net exporting countries and use the standard system generalized methods of moments (GMM) approach developed by Arellano and Bover (1995) and Blundell and Bond (1998). We also investigate the channels that moderate this effect through macroeconomic policies suggested by policymakers and we find evidence that supports the mitigating effect of financial development, institutional quality and human capital on the transmission of oil dependence on growth volatility.Freitas, Miguel Lebre deRUNDuarte, Catarina Brito2017-07-31T10:31:47Z2017-01-202017-01-20T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/22290TID:201714019enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:09:45Zoai:run.unl.pt:10362/22290Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:27:13.807313Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The effects of oil dependence on growth volatility
title The effects of oil dependence on growth volatility
spellingShingle The effects of oil dependence on growth volatility
Duarte, Catarina Brito
Oil dependence
Macroeconomic volatility
Resource curse
System-GMM
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The effects of oil dependence on growth volatility
title_full The effects of oil dependence on growth volatility
title_fullStr The effects of oil dependence on growth volatility
title_full_unstemmed The effects of oil dependence on growth volatility
title_sort The effects of oil dependence on growth volatility
author Duarte, Catarina Brito
author_facet Duarte, Catarina Brito
author_role author
dc.contributor.none.fl_str_mv Freitas, Miguel Lebre de
RUN
dc.contributor.author.fl_str_mv Duarte, Catarina Brito
dc.subject.por.fl_str_mv Oil dependence
Macroeconomic volatility
Resource curse
System-GMM
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Oil dependence
Macroeconomic volatility
Resource curse
System-GMM
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description In this thesis, we analyze the relationship between dependence on oil exports and growth volatility, controlling for other determinants. We collect annual data from 1995 to 2015 on a sample of 42 oil net exporting countries and use the standard system generalized methods of moments (GMM) approach developed by Arellano and Bover (1995) and Blundell and Bond (1998). We also investigate the channels that moderate this effect through macroeconomic policies suggested by policymakers and we find evidence that supports the mitigating effect of financial development, institutional quality and human capital on the transmission of oil dependence on growth volatility.
publishDate 2017
dc.date.none.fl_str_mv 2017-07-31T10:31:47Z
2017-01-20
2017-01-20T00:00:00Z
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dc.language.iso.fl_str_mv eng
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