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Do the gulf oil-producing countries influence regional growth? : the impact of financial and remittance flows / / Nadeem Ilahi and Riham Shendy



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Autore: Ilahi Nadeem Visualizza persona
Titolo: Do the gulf oil-producing countries influence regional growth? : the impact of financial and remittance flows / / Nadeem Ilahi and Riham Shendy Visualizza cluster
Pubblicazione: [Washington, District of Columbia] : , : International Monetary Fund, , 2008
©2008
Descrizione fisica: 1 online resource (19 p.)
Disciplina: 338.27282
Soggetto topico: Petroleum industry and trade
Soggetto genere / forma: Electronic books.
Altri autori: ShendyRiham  
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: Contents; I. Introduction; II. Background; III. Hypotheses and Empirical Specification; IV. Data and Summary Statistics; Figures; 1. Output-Weighted GDP Growth Rates; Tables; 1. Summary Statistics; V. Estimation Results; 2. Ratio of GCC Current Account Surpluses to Combined Regional (non-GCC) GDP; 2. Regional Countries GDP Growth Regression; 3. Regional Countries Private Consumption Growth Regression; VI. Conclusion; 4. Regional Countries private Investment Growth Regressions; Appendix; Data Sources and Description; References
Sommario/riassunto: This paper tests the association between the Gulf Cooperation Council (GCC) countries' financial and remittance outflows and regional growth in the Middle East. The findings, based on 35-year panel data, indicate that growth rates of real GDP, private consumption and private investment in regional countries are strongly associated with remittance outflows from and the accumulation of financial surpluses in the GCC. Unlike in other developing and emerging market countries, growth in regional countries is not influenced by growth in the North, and is not export led. Linkages with the GCC could h
Titolo autorizzato: Do the gulf oil-producing countries influence regional growth  Visualizza cluster
ISBN: 1-4623-8505-2
1-4527-4706-7
1-4518-7025-6
1-282-84118-1
9786612841187
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910463591203321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers