Oil Prices, External Income, and Growth : Lessons From Jordan /
This paper extends the long-run growth model of Esfahani and others (2009) to a labor exporting country that receives large inflows of external income?the sum of remittances, FDI and general government transfers?from major oil-exporting economies. The theoretical model predicts real oil prices to be...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2011.
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Series: | IMF Working Papers; Working Paper ;
No. 2011/291 |
Online Access: | Full text available on IMF |