Identifying the factors affecting the economic growth of oil producing countries
Yazarlar (3)
Abant İzzet Baysal Üniversitesi, Türkiye
Prof. Dr. İlhan EROĞLU
Tokat Gaziosmanpaşa Üniversitesi, Türkiye
| Makale Türü | Özgün Makale |
| Makale Alt Türü | Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale |
| Dergi Adı | the International Journal of Trade and Global Markets |
| Dergi Tarandığı Indeksler | EconLit , Expanded Academic ASAP (Gale), General Business File ASAP International (Gale) |
| Makale Dili | İngilizce |
| Basım Tarihi | 01-2015 |
| Cilt No | 8 |
| Sayı | 2 |
| Sayfalar | 97 / 111 |
| Özet |
| The objective of this study is to identify the factors that have an impact on the economic growth of oil-producing countries. To meet this objective, annual time series data for 28 countries were included in panel data analyses. According to the findings of the first analysis covering the countries with R&D data (19 countries), economic growth is positively affected by the amount of oil exported, export value index, financial openness index, public expenditures on education, foreign direct investment and expenditures on R&D. The findings of the second analysis, covering the countries without R&D data (nine countries), show that export value index, corruption perception index, economic freedom index and external debt have a positive effect on economic growth. |
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