Trade Elasticities in the Middle East and Central Asia : What is the Role of Oil? /

The analysis in this paper suggests that import and export volume elasticities are markedly lower in oil-exporting Middle East and Central Asian countries than in non-oil countries in the region. A key implication of this finding is that a real appreciation of the exchange rate in oil-exporting coun...

Description complète

Détails bibliographiques
Auteur principal: Billmeier, Andreas
Autres auteurs: Hakura, Dalia
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2008.
Collection:IMF Working Papers; Working Paper ; No. 2008/216
Accès en ligne:Full text available on IMF