The Long Run Effects of Oil Prices on Economic Growth: The Case of Saudi Arabia
<p>This paper studies the long run effects of oil price growth rates (OS) on the economic growth of the Kingdom of Saudi Arabia (KSA). The empirical results of an ARDL model find a strong positive direct impact of OS on the GDP growth rates of KSA during the period 1995Q4-2015Q4. Despite the f...
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| Format: | Article |
| Language: | English |
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EconJournals
2017-12-01
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| Series: | International Journal of Energy Economics and Policy |
| Online Access: | https://www.econjournals.com/index.php/ijeep/article/view/5878 |