The influence of oil prices on economic growth. The case of United Arab Emirates
Автор: Maria Demidova
Журнал: Экономика и социум @ekonomika-socium
Статья в выпуске: 2 (33), 2017 года.
Бесплатный доступ
The relationship between oil prices and economic development has been studied for a long time, however, still there are several views on this problem. In my article I will examine the historical data of oil prices, and then I will use the data from the World Bank database in order to construct econometrical model, which will include variables connected with oil prices and economic growth in United Arab Emirates for a period from 1995 to 2015 in order to establish the relationship between them.
Crude oil, economic growth, econometrical model, t-statistic, probability of mistake
Короткий адрес: https://sciup.org/140122435
IDR: 140122435
Список литературы The influence of oil prices on economic growth. The case of United Arab Emirates
- I.V. Tregub "Mathematical models of econometric systems’ dynamic".
- I.V. Tregub "International diversification".
- World Bank "How is the United Arab Emirates Reacting to Low Oil Prices?"
- Hanna Boheman and Josephine Maxen "Oil price shocks effect on economic growth. OPEC versus non-OPEC Economies".
- Nasser Al-Mawali, Haslifah Mohamad Hasim, Khalil Al-Busaidi "Modeling the impact of the oil sector on the economy of sultanate Oman".
- International Monetary Fund "The impact of higher oil prices on the global economy".
