Student Activity: Toward a More Sustainable Campus through Innovative Design and Practical Application
The purpose of this seminar was to investigate whether oil abundance in the Gulf Cooperation Council (GCC) countries promotes or hinders their economic growth. Therefore, several variables were utilized to include: the gross domestic product (GDP), oil production, gross fixed capital formation, total population, electricity consumption, and inflation. The study covers 37 consecutive years from 1981 to 2017, and employs the autoregressive distributed lag (ARDL) model to estimate the oil-growth long-run relationship
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