연구정보
A Long-Run Dynamic Analysis of FDI, Growth and Oil Export in GCC Countries: An Evidence from VECM Model
쿠웨이트 국외연구자료 기타 Ahmed Saddam, Fatimah Kari Canadian Social Science 발간일 : 2014-01-01 등록일 : 2016-04-18 원문링크
This study investigates a long-run dynamic relationship of GDP, crude oil export and FDI inflows in GCC countries; The United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. The methodology adopted is based on Error Correction Model (VECM) which involves 195 stationary balanced observations over the period 2000-2010. Two major objectives were tested, which are; Impulse response function and Variance Decomposition method. The empirical analysis shows that a shock of FDI inflows will cause a parallel negative influence on the oil export and GDP. As well as FDI inflows are highly linked to GDP compared to oil export.