Oil prices, capital mobility and oil importersa general equilibrium macro analysis
ISSN: 2255-5471
Argitalpen urtea: 1987
Zenbakia: 19
Mota: Laneko dokumentua
Beste argitalpen batzuk: Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales
Laburpena
The aim of this paper is to explore the general macro characteristics of the trading economies that can help us understand the world economy response after OPEC I and OPEC II in terms of the evolution of the North-South terms of trade, rates of profit and output levels. Therefore, we support the view of the world economy in a three regional setting, North-South-OPEC.