Correlation of Oil Prices and Gross Domestic Product in Oil Producing Countries

<p>This paper proposes the degree of interdependence between the prices of crude oil and Gross Domestic Product of leading of countries such as Saudi Arabia and as the main suppliers of crude oil to the world market. The paper examines the theoretical aspects of oil pricing and investigation b...

Full description

Bibliographic Details
Main Authors: Anthony Msafiri Nyangarika, Alexey Yurievich Mikhaylov, Bao-jun Tang
Format: Article
Language:English
Published: EconJournals 2018-09-01
Series:International Journal of Energy Economics and Policy
Online Access:https://www.econjournals.com/index.php/ijeep/article/view/6802