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Oil Driven Macroeconometrics Model of Kuwait

Author

Listed:
  • Salih, A.S.
  • Branson, W.H.
  • Al Ebraheem, Y.H.
Abstract
Kuwait is a well endowed, small and open economy. In this economy the Government is the owner of the bulk of the wealth. Its wealth comes basically from underground oil and oil-accumulated assets. Since there is virtually no tax, the government influences economic activity through its expenditure and expenditure is determined by returns from its wealth. Moreover, the country depends heavily on imports. The structure of the model contains these features and the inherent dichotomy of Oil vs. Non-oil, and Kuwaiti vs.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Salih, A.S. & Branson, W.H. & Al Ebraheem, Y.H., 1991. "Oil Driven Macroeconometrics Model of Kuwait," Research Paper 89, World Institute for Development Economics Research.
    • Handle: RePEc:fth:wodeec:89
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    References listed on IDEAS

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    1. Walter C. Labys & Alfred Maizels, 1990. "Commodity Price Fluctuations and Macro-economic Adjustments in the Developed Countries," WIDER Working Paper Series wp-1990-088, World Institute for Development Economic Research (UNU-WIDER).
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    4. Labys, Walter C. & Maizels, Alfred, 1990. "Commodity Price Fluctuations and Macro-economic Adjustments in the Developed Countries," WIDER Working Papers 295623, United Nations University, World Institute for Development Economic Research (UNU-WIDER).
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    6. Valentine M. Moghadam, 1990. "Gender and Restructuring: Perestroika, the 1989 Revolutions, and Women," WIDER Working Paper Series wp-1990-087, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

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    2. Ahmed Alyousha, 1997. "Investigating Bahrain business cycles," Applied Economics, Taylor & Francis Journals, vol. 29(1), pages 43-50.

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