The responsiveness of remittances to price of oil: the case of the GCC
We investigate the responsiveness of remittances from the Gulf Cooperation Council (GCC) countries to the changes in the price of crude oil. Most of the GCC countries rank in the top 20 remitting countries in the world. We find that oil price elasticity of remittances is around 0.4. While most studi...
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Volume: | 33 |
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Main Author: |
Naufal, George S
Termos, Ali |
Format: | Journal Article |
Language: | English |
Zielgruppe: |
Academic |
Place of publication: |
Oxford, UK Blackwell Publishing Ltd 01.09.2009 Wiley Wiley Subscription Services, Inc |
published in: | OPEC energy review Vol. 33; no. 3‐4; pp. 184 - 197 |
Data of publication: | September/December 2009 |
ISSN: |
1753-0229 1753-0237 |
EISSN: |
1753-0237 |
Discipline: | Economics Applied Sciences |
Subjects: | |
Online Access: | available in Bonn? |
Database: | Pascal-Francis CrossRef Academic OneFile (A&I only) Database information Databases - DBIS |