Showing 1 - 10 of 489
This paper attempts to study precisely the natural resource (oil& gas reserves) effect on economic development profile … empirically as to what extent has been influenced by oil wealth. First, we will test if economic growth and development is … positively changing with more level of oil and gas reserves in cross-country dataset. Second, we try to chase the oil revenue …
Persistent link: https://www.econbiz.de/10008536058
obstacles to integration are highlighted: ?Limited trade complementarity induced by excess reliance on oil and lagged …
Persistent link: https://www.econbiz.de/10009352781
Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their … confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been … which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt …
Persistent link: https://www.econbiz.de/10005769277
, and the real value of oil production. Secondly, we investigate the long-run (level) impacts of natural resource abundance … substantial cross-sectional dependence and cross-country heterogeneity in our sample, which covers 53 oil exporting and importing … developed by Pesaran (2006) and Pedroni (2000) for estimation. Our results, using the real value of oil production, rent or …
Persistent link: https://www.econbiz.de/10010571831
Peak oil production in the Middle East's Arabian/Persian Gulf region and worldwide could be delayed if major … multinational and national oil companies would invest more heavily in drilling and extraction technologies and push to explore new … recoverable oil reserves exist in the Arabian Gulf, and there are more oil fields to be discovered through offshore and deep …
Persistent link: https://www.econbiz.de/10009466178
Thirty-four years of data (1967–2000) are used to investigate the variability pattern relevant to air–sea interaction in the Persian Gulf. The patterns are derived using statistical techniques, such as empirical orthogonal function (EOF) and singular value decomposition (SVD). Statistical...
Persistent link: https://www.econbiz.de/10010874451
the period of high oil prices in the 2000s. This paper pays a special attention to the impact of the Arab Spring on the …
Persistent link: https://www.econbiz.de/10011249494
This paper examines the empirical relationship among stock return, trading volume and volatility for the seven stock markets that comprise the Gulf Cooperation Council. The dataset includes seven national stock markets for the period spanning from 1 July 2004 to 3 September 2008. Granger...
Persistent link: https://www.econbiz.de/10009352448
the benchmark light oil of Saudi Arabia over the period January 2000–April 2010. A neural network is introduced to … forecast the price of any commercial oil in these crude oils, provided that the price of the benchmark light oil of Saudi … differences in the oil prices with an average error of 8.82% for testing and 7.24% for training data. It is claimed that the …
Persistent link: https://www.econbiz.de/10010810087
The six Persian Gulf monarchies are home to some of the world’s largest hydrocarbon reserves, and also some of the cheapest energy prices and highest per-capita consumption. Government subsidies based on socio-political objectives have contributed to regime longevity, but they have also...
Persistent link: https://www.econbiz.de/10010790547