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

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 regio...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Ilahi, Nadeem (Autor), Shendy, Riham (Autor)
Autor Corporativo: International Monetary Fund. Middle East and Central Asia Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2008.
©2008
Colección:IMF working paper ; WP/08/167.
Temas:
Middle East.
Middle East
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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

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