The effect of oil price shocks on the economic growth of oil exporters in Mena region by using panel approach during the period (1980-2014)
Joint Authors
Source
La Revue des Sciences Commerciales
Issue
Vol. 21, Issue 1 (30 Jun. 2022), pp.41-56, 16 p.
Publisher
Ecole des Hautes Études Commerciales
Publication Date
2022-06-30
Country of Publication
Algeria
No. of Pages
16
Main Subjects
Topics
Abstract EN
This research aims to understand the oil market and the OPEC’s roles in oil price fluctuations which affect the economy by investigating the existence of the relationship between oil price shocks and GDP in eight selected countries in MENA region basing on the fact that the economies of these nations are heavily dependent on oil.
the study, which covered the period 1980 to 2014 by using the panel approach as an empirical method showed that the oil price shocks effect positively the economic growth in the nominated countries of the region, and the GDP’s reaction of these countries towards oil crisis is not the same.
Abstract FRE
Cette recherche vise à comprendre le marché pétrolier et les rôles de l'OPEP dans les fluctuations des prix du pétrole qui affectent l'économie en étudiant l'existence de la relation entre les chocs des prix du pétrole et le PIB dans huit pays sélectionnés de la région MENA en se basant sur le fait que les économies de ces nations sont fortement dépendantes du pétrole.
l'étude, qui a couvert la période de 1980 à 2014 en utilisant l'approche par panel comme méthode empirique, a montré que les chocs des prix du pétrole ont un effet positif sur la croissance économique dans les pays désignés de la région, et la réaction du PIB de ces pays face à la crise pétrolière n'est pas le même.
American Psychological Association (APA)
Sarhani, Wardah& Chini, Lazhar. 2022. The effect of oil price shocks on the economic growth of oil exporters in Mena region by using panel approach during the period (1980-2014). La Revue des Sciences Commerciales،Vol. 21, no. 1, pp.41-56.
https://search.emarefa.net/detail/BIM-1377483
Modern Language Association (MLA)
Sarhani, Wardah& Chini, Lazhar. The effect of oil price shocks on the economic growth of oil exporters in Mena region by using panel approach during the period (1980-2014). La Revue des Sciences Commerciales Vol. 21, no. 1 (Jun. 2022), pp.41-56.
https://search.emarefa.net/detail/BIM-1377483
American Medical Association (AMA)
Sarhani, Wardah& Chini, Lazhar. The effect of oil price shocks on the economic growth of oil exporters in Mena region by using panel approach during the period (1980-2014). La Revue des Sciences Commerciales. 2022. Vol. 21, no. 1, pp.41-56.
https://search.emarefa.net/detail/BIM-1377483
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references: p. 56
Record ID
BIM-1377483