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Journal ArticleDOI

Oil price, capital mobility and oil importers: A general equilibrium macro analysis

Arturo González-Romero
- 01 Jan 1992 - 
- Vol. 14, Iss: 1, pp 11-22
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TLDR
In this article, a three-region, three-commodity general equilibrium model is constructed to explore the impact of OPEC's pricing policies on major macro variables of importer economies.
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This article is published in Energy Economics.The article was published on 1992-01-01. It has received 1 citations till now. The article focuses on the topics: General equilibrium theory & World economy.

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The linkage between oil price shocks and economic growth with inflation in the presence of technological advances: a CGE model

TL;DR: In this paper, the authors examined whether oil price shocks are inflationary in the US and found that the aggregate level of prices (CPI and PPI) will fall over time as the level of technological advances rise under both growth and low economic growth.
References
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Journal ArticleDOI

South-north trade and southern growth: Bleak prospects from the structuralist point of view

TL;DR: In this paper, a three-country, three-commodity model is developed to illustrate the dynamics of growth among the "North", the "South" and "OPEC".
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Capital mobility and growth in a North-South model

TL;DR: In this paper, the authors introduce international equalization of profit rates into a North-South model of growth a la Findlay (1980) and examine the effects of international capital mobility and shifts in regional technology, savings, and demand parameters.
Journal ArticleDOI

Terms of trade and domestic distribution: Export-led growth with abundant labour

TL;DR: In this paper, a general equilibrium macro model is constructed to explore the effects of export-led growth policies on the terms of trade and the domestic distribution of a developing region with abundant labour.
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