The asymmetric relationship between oil revenues and economic activities: The case of oil-exporting countries

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Impact of oil price shocks on output, inflation and the real exchange rate: evidence from selected ASEAN countries (2015, unknown): “…in the oil price is the second most important factor to explain the variance of industrial production after its own shocks.1 This finding is consistent with Mehrara (2008), who report a nonlinear and asymmetric relationship between oil prices and economic growth of oil-exporting countries.”
Renewable energy, oil prices, and economic activity: A Granger-causality in quantiles analysis (2018, background): “Mehrara (2008) and Jayaraman and Choong (2009) examined the relationship between oil prices and economic growth for oil-exporting and oil-importing economies, respectively.”