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The Effect of Fiscal Policy on Oil Revenue Fund

The Case of Kazakhstan

Bibliographic Data

ID6154538
AuthorsDina Azhgaliyeva (0000-0002-3115-1552, University of Essex, corresponding author)
Year2014
Volume5
Issue2
Pages157-183
Publication date2014-05-16
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Eurasian Studies (JOURNAL)
Journal identifiersISSN: 1879-3665 • E-ISSN: 1879-3673
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1016/j.euras.2014.05.001
OpenAlexW2070370067
LanguageEN
Citations received2
References cited22

Setting an optimal fiscal policy in oil-producing countries is challenging, due to the exhaustibility of oil resources and unpredictability of oil prices. Recently it has become popular among oil-producing countries to establish oil revenue funds, which are believed to stabilize the economy and provide inter-generational redistribution of oil wealth. The effectiveness of oil revenue funds and their design have received considerable attention from researchers and policymakers recently. Using empirical model, it is found that an oil revenue fund in Kazakhstan stabilized the government expenditure, but did not stabilize real effective exchange rates

Business · Economic policy · Economics · Fiscal policy · Government (linguistics · Government revenue · Monetary economics · Oil reserves · Petroleum · Political science · Public economics · Redistribution (election · Revenue · Global Energy and Sustainability Research · Market Dynamics and Volatility · Monetary Policy and Economic Impact · Finance

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Unique citing works2
Citations per year0.18
Citation span2015 - 2019 (5)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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