The Effect of Fiscal Policy on Oil Revenue Fund
The Case of Kazakhstan
Bibliographic Data
| ID | 6154538 |
|---|---|
| Authors | Dina Azhgaliyeva (0000-0002-3115-1552, University of Essex, corresponding author) |
| Year | 2014 |
| Volume | 5 |
| Issue | 2 |
| Pages | 157-183 |
| Publication date | 2014-05-16 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Eurasian Studies (JOURNAL) |
| Journal identifiers | ISSN: 1879-3665 • E-ISSN: 1879-3673 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1016/j.euras.2014.05.001 |
| OpenAlex | W2070370067 |
| Language | EN |
| Citations received | 2 |
| References cited | 22 |
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 works | 2 |
|---|---|
| Citations per year | 0.18 |
| Citation span | 2015 - 2019 (5) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |