Oil price volatility, Islamic financial development and economic growth in Gulf Cooperation Council (GCC) countries
This paper investigates the relationship between oil terms of trade growth volatility and economic growth in the GCC countries. Further it explores the possible effect of Islamic financial development on such relationship. By analyzing a sample of five GCC countries over the period of 1996–2016, we...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2019-09-01
|
| Series: | Borsa Istanbul Review |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845017302077 |