[Download] "Oil Price Movements and GDP Growth in GCC Countries: Is the Relationship Symmetric?" by Indian Journal of Economics and Business # eBook PDF Kindle ePub Free

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eBook details

• Title: Oil Price Movements and GDP Growth in GCC Countries: Is the Relationship Symmetric?
• Author : Indian Journal of Economics and Business
• Release Date : January 01, 2007
• Genre: Business & Personal Finance,Books,
• Pages : * pages
• Size : 284 KB

Description

Abstract This paper examines whether oil price movements in one group of oil-exporting countries, namely those of the Gulf Cooperation Council, produce asymmetric effects on GDP growth as is commonly found with oil-importing countries. The paper employs a SUR model regressing annual growth rates against positive and negative changes in oil prices. Some evidence on the presence of asymmetries surfaces but is not overwhelming and is country specific.

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