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The Impact Of Oil Sector On The Global Competitiveness Of Gcc Countries: Panel Data Approach, Anas Alqudah, Ahmed Badawi, Mostafa Aboelsoud
The Impact Of Oil Sector On The Global Competitiveness Of Gcc Countries: Panel Data Approach, Anas Alqudah, Ahmed Badawi, Mostafa Aboelsoud
Economics
This study explores the impact of oil sector on the global competitiveness of the GCC states in a panel data framework for the period from 2006 to 2014. The focus is placed on how the non-traditional factors; oil rents, fuel exports as a percentage of merchandise exports, oil prices, and mining sector production impact on the global competitiveness of the GCC nations.
The study uses panel data techniques to measure the effect of the oil sector’s impact on of global competitiveness of the GCC countries. The results of the regression show that the relation between rent and GCI found to …