University of Isfahan International Economics Studies 2008-9643 34 1 2009 08 01 Impact of Oil, Crises and Economic Integration on Growth: 7 18 15507 10.22108/ies.2009.15507 EN Tran Van Hoa Victoria University, Australia Journal Article 2016 06 14 While energy especially oil, crises and economic integration have been playing an important role indevelopment and growth in East West Asia economies and their intertwining relations, only limitedquantitative research on their impact has been carried out and reported for improved debate andcredible policy use. This paper uses an econometric modeling innovation with features superior toexisting methodologies, namely the generalized or endogenous gravity theory (eg, Tran Van Hoa,2004), to provide rigorous substantive evidence satisfying Kydland (2006) data-model consistencycriterion to this impact study for reliable regional policy analysis.The paper first analyses the major economic and trade patterns between the Gulf States andAsian NIEs over the past three decades for relevant historical correlative support. Second, a newendogenous growth model for these economies is constructed and estimated to provide substantivecausal evidence on the impact. Implications of the findings for economic and trade policy developmentbetween the Gulf States and Asian NIEs are then discussed for possible uses by academic, businessand government decision-makers.JEL Classification: C30, C51, F13, F43 https://ies.ui.ac.ir/article_15507_6a312f6a02c707f0b5f56ed0291343a0.pdf