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Record Nr. |
UNINA9910463595303321 |
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Autore |
Thomas Alun |
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Titolo |
Equilibrium non-oil current account assessments for oil producing countries / / Alun Thomas, Jun Il Kim, and Aqib Aslam |
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Pubbl/distr/stampa |
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[Washington, District of Columbia] : , : International Monetary Fund, , 2008 |
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©2008 |
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ISBN |
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1-4623-9817-0 |
1-4527-3798-3 |
1-4518-7056-6 |
9786612841491 |
1-282-84149-1 |
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Descrizione fisica |
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1 online resource (26 p.) |
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Collana |
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IMF Working Papers |
IMF working paper ; ; WP/08/198 |
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Altri autori (Persone) |
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KimJun (Jun Il) |
AslamAqib |
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Disciplina |
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Soggetti |
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Equilibrium (Economics) - Econometric models |
Balance of payments - Econometric models |
Petroleum industry and trade - Econometric models |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di contenuto |
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Contents; I. Introduction; II. Basic Structure of Alternative Methodology; Existing analysis; III. Model; A. General Model; B. Model Application to Oil Based Economy; IV. Estimation; V. Sensitivity Tests of the Annual Return on Oil Wealth; VI. Equilibrium Non-oil Current Account Assessment; A. Historical Accuracy of the Consumption Smoothing Model; B. Country Estimates of Non-oil Current Account; VII. Conclusions; References |
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Sommario/riassunto |
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This paper introduces a methodology for assessing external balance in countries with large stocks of non-renewable resources based on oil stock data, and applies it to selected oil producing countries. The methodology uses a stock approach (instead of the more traditional |
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