石油收入對海灣國家經(jīng)濟的貢獻(xiàn)——石油價格波動對GDP增長的影響.pdf

1、This paper use macroeconomic analytical approaches and techniques, based on graphs and tables drawn from collected data, to test and analyze the effects that oil prices fluctuation may cause to the GDP growth and hence t

2、he entire developed economy of the Gulf Cooperation Council (GCC) six countries comprising: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates, where their ability to produce oil at a lower opportunity c

3、ost than other producing countries give them a relatively comparative advantage, and hence their gains from oil incomes rose rapidly. The different components of GDP in GCC bloc assume to be affected by the fluctuati

4、on in oil prices where oil consist 80％ of total Exports in the region, more than half of the investments are in oil sectors, the public consumption also depend on oil income in more than two third, therefore, the prices

5、fluctuations make it possible that economic growth can be much affected by the change and instability in oil incomes. The results obtained in this Study indicate a significant Linear Linkage from Oil income to GDP.

6、The results indicate then that, Oil incomes are a very important factor in economic growth in the GCC block, and confirm previous evidence, obtained by a number of researches, that the Economy Growth in GCC depend largel

7、y, at least in more than half, on Oil Incomes, that result were proved by many different macroeconomic researches which indicated a directional affect from Oil prices to GDP in the panel of the Gulf Cooperation Council G