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Measuring and Analyzing the Impact of Oil Shocks on the Gross Domestic Product in Iraq for the Period (1970-2020)

المصدر: مجلة القادسية للعلوم الإدارية والاقتصادية
الناشر: جامعة القادسية - كلية الادارة والاقتصاد
المؤلف الرئيسي: Al-Janabi, Nabil Mahdi (Author)
مؤلفين آخرين: Abboud, Ghada Saleh (Co-Author)
المجلد/العدد: مج24, ع1
محكمة: نعم
الدولة: العراق
التاريخ الميلادي: 2022
الصفحات: 116 - 123
ISSN: 1816-9171
رقم MD: 1268901
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Oil Shocks | Gross Domestic Product | Limits Test | Impulse Response Function
رابط المحتوى:
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المستخلص: The research aims to measure and analyze the impact of oil shocks on the GDP of the second largest oil economy in OPEC, in the short and long terms. The period (1970 2020) covered all the positive and negative oil shocks to which the global economy was exposed. And by describing a standard model of the oil shock and measuring its impact on IRAQI GDP, using the methodology of boundary testing and the ARDEL model, after testing the time-series free from the unit root, as well as analyzing the oil shocks through the Impulse Responsible Function. The results contradict the hypothesis of the existence of a positive relationship to oil shocks on the gross domestic product and the explanation for the fact that the impact of negative shocks is greater than positive shocks, as well as wars, international sanctions, and internal shocks that the economy was exposed to during the research period.

ISSN: 1816-9171