This paper studies the long and short-run relationship between oil exports, non oil GDP and investment in five major oil exporting countries. Its goal is to verify the effect of natural resources exports on the economic performance. It considers the effect of cross sectional correlations and...

This paper studies the long and short-run relationship between oil exports, non oil GDP and investment in five major oil exporting countries. Its goal is to verify the effect of natural resources exports on the economic performance. It considers the effect of cross sectional correlations and...

We build a panel consisting of five countries of the South Asian Association for Regional Cooperation (SAARC). The five countries are Bangladesh, India, Nepal, Pakistan and Sri Lanka. The goal is to study the money demand function of those countries. Our results show that money demand (M1) is...