Al-Shubiri, Faris Nasif; Tawfik, Omar Ikbal; Jamil, … - In: Financial Innovation 6 (2020) 1, pp. 1-22
This study analyzes the impact of petroleum and non-petroleum indices on the financial development of the Sultanate of Oman from 1978 to 2017. To this end, it uses the petroleum proxy of oil rents (% of gross domestic product, GDP) and the non-petroleum proxy of industry (including construction)...