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النمو الاقتصادي العالمي وأثره في اقتصاديات النفط خلال الفترة 1980-2005
[World Economic Growth and its Effect on Economic of Energy during 1980-2005]

Author

Listed:
  • Alomar, Ibrahim

Abstract

Currently, oil is considered as the most important commodity in our planet. It exceeds third of the international trade while world transportation, electricity, agriculture, and industry depend on oil. Economists have different opinions regarding issue of cause and effect of oil industry and world growth. This paper aims to clarify the issue. It found using econometric model that the causality direction is from world economic growth to oil price and its demand.

Suggested Citation

  • Alomar, Ibrahim, 2006. "النمو الاقتصادي العالمي وأثره في اقتصاديات النفط خلال الفترة 1980-2005 [World Economic Growth and its Effect on Economic of Energy during 1980-2005]," MPRA Paper 18979, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:18979
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    References listed on IDEAS

    as
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    More about this item

    Keywords

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    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • F2 - International Economics - - International Factor Movements and International Business
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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