Oil Price Volatility, Economic Growth and the Hedging Role of Renewable Energy

This paper investigates the adverse effects of oil price volatility on economic activity and the extent to which countries can hedge against such effects by using renewable energy. By considering the Realized Volatility of oil prices, rather than f...

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Bibliographic Details
Main Author: Rentschler, Jun E.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
GAS
OIL
TAX
Online Access:http://documents.worldbank.org/curated/en/2013/09/18260093/oil-price-volatility-economic-growth-hedging-role-renewable-energy
http://hdl.handle.net/10986/15829