Dynamic relationships between oil revenues, government spending and economic growth in an oil-dependent economy

Article, Preprint OPEN
Sbia, Rashid; Hamdi, Helmi;
  • Publisher: Elsevier
  • Related identifiers: doi: 10.1016/j.econmod.2013.06.043
  • Subject: [ SHS.ECO ] Humanities and Social Sciences/Economies and finances | [SHS.ECO]Humanities and Social Sciences/Economies and finances | Oil revenues, Government expenditures, Economic Growth, Bahrain, ECM
    • jel: jel:H50 | jel:C32 | jel:N15 | jel:E62 | jel:H54 | jel:C3 | jel:N1

The aim of this paper is to empirically examine the relationship between Oil revenues, government spending and GDP growth in the kingdom of Bahrain. Oil revenues are the main source of financing government expenditures and imports of products. Increasing oil prices in t... View more
  • References (9)

    Auty, R., 1986. Resource-based industrialisation and country size: Venezuela and Trinidad and Tobago. Geoforum 17.

    Auty, R., 1990. Resource-based industrialisation: sowing the oil in eight developing countries. Oxford University Press.

    Auty, R., 1993. Sustaining Development in Mineral Economies: The Resource Curse Thesis. Routledge, London.

    Auty, R., 1998. Resource abundance and economic development: improving the performance of resource rich countries. The United Nations University World Institute for Development Economics, Helsinki.

    Auty, R., 2001. Resource abundance and economic development. Oxford University Press.

    Barro, R.J., 1974. Are government bonds net wealth ?. Journal of Political Economy, 82, 1095- 1117.

    Bulmer-Thomas, V., 1994. The Economic History of Latin America since Independence. Cambridge University Press.

    Sachs, J.D., Warner, A.M., 1999. The big push, natural resource booms and growth. Journal of Development Economics, Vol.59, 43-76.

    Stijns, J.P.C., 2005. Natural resource abundance and economic growth revisited. Resources Policy, vol. 30(2), 107-130.

  • Similar Research Results (1)
  • Metrics
    No metrics available
Share - Bookmark