Oil price shocks and macroeconomic condition : Case study of United Arab Emirates

Oil price shocks and macroeconomic condition : Case study of United Arab Emirates

The fluctuations in the global oil price and its shocks on economic activity has arose a concern among the policy makers, government, individuals, and economic practitioners to continuously debate and research on the impact of oil price shocks on economic activities of both oil rich and non-oil rich...

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Main Author: Adel, Ageel
Format: Thesis
Language:English
Published: 2016
Subjects:
H Social Sciences (General)
HC Economic History and Conditions
Online Access:http://ir.unimas.my/id/eprint/20925/4/Adel%20Ageel.pdf
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id my-unimas-ir.20925
record_format uketd_dc
spelling my-unimas-ir.209252024-02-20T07:36:34Z Oil price shocks and macroeconomic condition : Case study of United Arab Emirates 2016 Adel, Ageel H Social Sciences (General) HC Economic History and Conditions The fluctuations in the global oil price and its shocks on economic activity has arose a concern among the policy makers, government, individuals, and economic practitioners to continuously debate and research on the impact of oil price shocks on economic activities of both oil rich and non-oil rich economies. To this effect, it is also pertinent to research on how the macroeconomic condition of United Arab Emirates (UAE) may be affected by the shock in oil price so that appropriate policy can be taken by the government in order to avert the possible impact on the country. To this end, this study aims to examine the relationship between oil price shocks and macroeconomic condition with a case study of United Arab Emirates for a period of 1980 to 2011. The estimation methods of Autoregressive Distributed Lag (ARDL) model proposed by Pesaran and Pairwise Granger causality were adopted to determine the relationships among the variables. The findings from the study showed that there are long run relationships among the variables examined in all the models Universiti Malaysia Sarawak (UNIMAS) 2016 Thesis http://ir.unimas.my/id/eprint/20925/ http://ir.unimas.my/id/eprint/20925/4/Adel%20Ageel.pdf text en validuser phd doctoral Universiti Malaysia Sarawak Faculty of Economics and Business.
institution Universiti Malaysia Sarawak
collection UNIMAS Institutional Repository
language English
topic H Social Sciences (General)
HC Economic History and Conditions
spellingShingle H Social Sciences (General)
HC Economic History and Conditions
Adel, Ageel
Oil price shocks and macroeconomic condition : Case study of United Arab Emirates
description The fluctuations in the global oil price and its shocks on economic activity has arose a concern among the policy makers, government, individuals, and economic practitioners to continuously debate and research on the impact of oil price shocks on economic activities of both oil rich and non-oil rich economies. To this effect, it is also pertinent to research on how the macroeconomic condition of United Arab Emirates (UAE) may be affected by the shock in oil price so that appropriate policy can be taken by the government in order to avert the possible impact on the country. To this end, this study aims to examine the relationship between oil price shocks and macroeconomic condition with a case study of United Arab Emirates for a period of 1980 to 2011. The estimation methods of Autoregressive Distributed Lag (ARDL) model proposed by Pesaran and Pairwise Granger causality were adopted to determine the relationships among the variables. The findings from the study showed that there are long run relationships among the variables examined in all the models
format Thesis
qualification_name Doctor of Philosophy (PhD.)
qualification_level Doctorate
author Adel, Ageel
author_facet Adel, Ageel
author_sort Adel, Ageel
title Oil price shocks and macroeconomic condition : Case study of United Arab Emirates
title_short Oil price shocks and macroeconomic condition : Case study of United Arab Emirates
title_full Oil price shocks and macroeconomic condition : Case study of United Arab Emirates
title_fullStr Oil price shocks and macroeconomic condition : Case study of United Arab Emirates
title_full_unstemmed Oil price shocks and macroeconomic condition : Case study of United Arab Emirates
title_sort oil price shocks and macroeconomic condition : case study of united arab emirates
granting_institution Universiti Malaysia Sarawak
granting_department Faculty of Economics and Business.
publishDate 2016
url http://ir.unimas.my/id/eprint/20925/4/Adel%20Ageel.pdf
_version_ 1794022996778680320

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