The Interplay Between Financial Development, Electricity Consumption and Foreign Direct Investment in the GCC Countries: New Insights from GMM Panel VAR

• Main Authors: Saidi, Hichem, El Montasser, Ghassen, Doytch, Nadia
• Format: text
• Published: Archīum Ateneo 2022
• Subjects: Electricity consumption; foreign direct investment; financial development; GMM panel VAR; Economic Policy; Economics; Energy Policy; Environmental Sciences; Natural Resource Economics; Oil, Gas, and Energy; Physical Sciences and Mathematics; Public Affairs, Public Policy and Public Administration; Social and Behavioral Sciences
• Online Access: https://archium.ateneo.edu/asog-pubs/255; https://doi.org/10.1080/15567249.2022.2136875
• Institution: Ateneo De Manila University

Over the past years, the economies of the Gulf Cooperation Countries (GCC) countries, which hold a large of the world in oil and gas exports, have suffered from dramatic declines in oil prices. This has put pressure on their policymakers to seek relief from their heavy dependence on natural resource...