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The Impact of Oil and Gold Prices on the GDP Growth: Empirical Evidence from a Developing Country

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  • Haroon Khan

    (King AbdulAziz University, Jeddah, Kingdom of Saudi Arabia)

Abstract

The global hike in the prices of gold and oil made an impact in the economy of the countries around the globe. The impact has varied in the developing and developed countries. The research is a preliminary investigation into the subject matter. It has plunged into the relation of these two commodities prices with the GDP of an emerging economy of Pakistan. The findings give a compelling insight into the subject matter. The study used the stock market data with the average Gold and Oil prices from the period of 1997 to 2014. The data analysis results show that gold and oil prices have a significant impact on GDP.

Suggested Citation

  • Haroon Khan, 2015. "The Impact of Oil and Gold Prices on the GDP Growth: Empirical Evidence from a Developing Country," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 1(11), pages 34-46, October.
    • Handle: RePEc:mgs:ijmsba:v:1:y:2015:i:11:p:34-46
    DOI: 10.18775/ijmsba.1849-5664-5419.2014.111.1004
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    References listed on IDEAS

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    Cited by:

    1. Subrata Roy, 2020. "Gold & Stock Relation: Investors’ Reaction During Covid-19 Outbreak," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 26, pages 29-52, December.
    2. ROY Subrata, 2020. "Gold & Stock Relation: Investors Reaction During Covid-19 Outbreak," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 72(3), pages 103-126, November.

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    More about this item

    Keywords

    Oil and gold prices; Impact on GDP; Emerging economies; Pakistan;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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