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Asymmetric effect of oil price changes on trade balance in Saudi Arabia, Kuwait and United Arab Emirates

Faheem, Muhammad; Azali, Mohamed; Lee, Chin; Nur … - In: Pakistan journal of commerce and social sciences 14 (2020) 3, pp. 685-714

autoregressive distributed lag models simultaneously and find the heterogeneous response of Saudi Arabia, Kuwait and United Arab … impact in Saudi Arabia and Kuwait while the positive impact in case of United Arab Emirates trade balance. The oil price … marginal effect evaluated at the minimum level of the real effective exchange rate is positive in Kuwait and negative in Saudi …

Persistent link: https://www.econbiz.de/10012292852

The State of People and Knowledge in the GCC Countries per a New Index and the Future Ahead

Bakry, Saad Haj; Alfantookh, Abdulkader - In: International Journal of Knowledge Society Research (IJKSR) 8 (2017) 4, pp. 34-74

The Gulf Cooperation Council (GCC) countries, with their rich oil resources, are facing the problem of fallen oil prices on the one hand, and reduced oil reserves on the other. As a result, they are moving toward less dependence on oil, and increasing dependence on people and knowledge. This...

Persistent link: https://www.econbiz.de/10012046326