THE EFFECT OF THE DECLINE IN OIL REVENUE ON THE IMPORT PATTERNS OF THE MEMBERS OF THE GULF COOPERATION COUNCIL

被引:1
作者
METWALLY, MM
机构
[1] Department of Economics, University of Wollongong, Wollongong, New South Wales, 2500
关键词
MARGINAL PROPENSITY TO IMPORT; IMPORT ELASTICITY; OIL BOOM; IMPORT COMMODITIES;
D O I
10.1002/er.4440170509
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
This paper examines the impact of the fluctuations in oil revenue on the import patterns of the GCC countries. The study is a disaggregated analysis of the relationship between imports of various commodity groups, using two-digit SIT classifications and per capita income in each of the six members of the Gulf Cooperation Council (GCC). The research shows that the reduction in oil revenue since late 1982 has completely upset the import-income relationship which was developed during the boom years, 1974-1981.
引用
收藏
页码:413 / 424
页数:12
相关论文
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