Public Lecture Series - Oil Revenues and Macroeconomic Performance: Does Institution Matter?

Saeed Moshiri, Associate Professor of Economics, STM College, University
of Saskatchewan

Wednesday March 5, 2014

Start Time: 12:00 PM - End Time: 1:30 PM

Category:Public Lecture
Campus:Both campuses
Saskatoon Location: Canada Room, Diefenbaker Building, 101 Diefenbaker Place, University of Saskatchewan Campus
Regina Location:JSGS Window Room, 2nd Floor, Gallery Building, University of Regina, College Avenue Campus
 
Description:The recent hike in oil prices has revived the question of oil-macroeconomy nexus in both oil-importing and oilexporting countries. For years, oil, as an abundant and inexpensive energy source, has contributed significantly
to the economic growth of industrialized countries. It has also brought a windfall to oil-rich but capital-poor developing countries. However, whether high oil revenues have been beneficial or harmful to the long-run economic performance of oil-exporting countries still remains a question. High oil evenues would generate economic growth through investment in physical and human capital, but also encourage exactly those economic conditions that stifle growth: appreciation of exchange rates, rent-seeking, and poor policy-making. In this presentation, Dr. Moshiri will investigate the impact of oil revenues on economic performance in two groups of oil-exporting countries with different institutional qualities using a dynamic econometric model.
Please Note:Please be advised that the JSGS Window Room is located on the second floor of the Gallery Building. Individuals with mobility difficulties should contact us at 306.585.5869 or js_outreach@uregina.ca at least one week prior to the event.
 
Cost:Free 
Contact:Janice Yule

(306)585-5863

Event Details (Click here to download a print ready file)


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