| Trường DC | Giá trị | Ngôn ngữ |
|---|---|---|
| dc.contributor.author | Sohail Amjed | |
| dc.contributor.other | Iqtidar Ali Shah | |
| dc.date.accessioned | 2023-11-01T10:23:59Z | - |
| dc.date.available | 2023-11-01T10:23:59Z | - |
| dc.date.issued | 2021 | |
| dc.identifier.isbn | 1992-0020 | |
| dc.identifier.uri | https://dlib.neu.edu.vn/handle/NEU/58664 | - |
| dc.description | Financial | |
| dc.description.abstract | Purpose – The purpose of this study is to investigate long-run and short-run relationships between trade diversification, financial system development, capital formation and economic growth. Design/methodology/approach – ARDL estimation approach is applied to analyze long-run and short-run relationships between the financial system development, capital formation, economic growth and trade diversification in case of the Sultanate of Oman over the period 39 years starting from 1979 till 2017. Findings – The results show that financial system development and economic growth has a positive impact on trade diversification in the short-run and long-run. However, capital formation has a negative impact on trade diversification in the short run and long run. The negative relationship between trade diversification and capital formation implies that over the period of study, the investment in capital goods was made to enhance the production capacity of the oil sector to maximize revenue. Research limitations/implications – This research is limited to analyze long-run and short-run relationship between the financial system development, capital formation and economic growth and trade diversification in case of Sultanate of Oman. Practical implications – To achieve the diversification goal, the policymakers need to formulate policies to strengthen the financial system and invest in infrastructure development to promote the non-oil sector. The research findings of this study will provide insights to the policymakers to formulate an effective diversification policy. Originality/value – This research contributes to the existing literature by providing empirical evidence of the short-run and long-run analysis of the selected variables in the context of an oil-dependent country. | |
| dc.description.tableofcontents | 1. Introduction; 2. Literature review; 3. Methodology; 4. Results and discussion; 5. Conclusion and policy implications | |
| dc.format.extent | Khổ 21 x 29.7 | |
| dc.language.iso | en | |
| dc.publisher | Kinh Tế Quốc Dân | |
| dc.subject | Trade diversification | |
| dc.subject | Capital formation | |
| dc.subject | Economic growth | |
| dc.subject | Financial system development | |
| dc.subject | Oil dependence | |
| dc.title | Does financial system development, capital formation and economic growth induces trade diversification? | |
| dc.type | Journal of Economics and Development | |
| dc.identifier.barcode | 10-1108_JED-06-2020-0073 | |
| dc.relation.reference | Acemoglu, D., Johnson, S. and Robinson, J.A. (2005), “Institutions as a fundamental cause of long-run growth”, Handbook of Economic Growth, Vol. 1, pp. 385-472. Adeola, O. and Evans, O. (2017), “Financial inclusion, financial development, and economic diversification in Nigeria”, The Journal of Developing Areas, Vol. 51 No. 3, pp. 1-15. Adhikary, B.K. (2015), “Dynamic effects of FDI, trade openness, capital formation and human capital on the economic growth rate in the least developed economies: evidence from Nepal”, International Journal of Trade, Economics and Finance, Vol. 6 No. 1, p. 1. Aditya, A. and Acharyya, R. (2013), “Export diversification, composition, and economic growth: evidence from cross-country analysis”, The Journal of International Trade and Economic Development, Vol. 22 No. 7, pp. 959-992. Agosin, M.R., Alvarez, R. and Bravo-Ortega, C. (2012), “Determinants of export diversification around the world: 1962–2000”, The World Economy, Vol. 35 No. 3, pp. 295-315. Ahmadov, A. (2012), “Political determinants of economic diversification in natural resource rich developing countries”, Paper Presented at the Oxford-Princeton Global Leaders Fellowship Programme 4th Annual Colloquium. Al-Abri, I., Onel, G. and Grogan, K.A. (2019),€ “Oil revenue shocks and the growth of the non-oil sector in an oil-dependent economy: the case of Oman”, Theoretical Economics Letters, Vol. 9 No. 4, pp. 785-800. Al-Kawaz, A. (2008), “Economic diversification: the case of Kuwait with reference to oil producing countries”, Journal of Economic Cooperation, Vol. 29 No. 3, pp. 23-48. Al-Marhubi, F. (2000), “ Export diversification and growth: an empirical investigation” , Applied Economics Letters, Vol. 7 No. 9, pp. 559-562. Albassam, B.A. (2015), “Economic diversification in Saudi Arabia: myth or reality?”, Resources Policy, Vol. 44, pp. 112-117. Alsharif, N., Bhattacharyya, S. and Intartaglia, M. (2017), “Economic diversification in resource rich countries: history, state of knowledge and research agenda”, Resources Policy, Vol. 52, pp. 154-164. Arguello, R. (2017),€ “Trade diversification in Colombia, 1991-2011”, Cuadernos de Econom ıa, Vol. 36 No. 71, pp. 345-378. Auty, R.M. and Gelb, A.H. (2001), “Political economy of resource-abundant states”, in Auty R.M. (ed.), Resource Abundance and Economic Development, Oxford University Press for UNU-WIDER, Oxford, pp. 126-44, available at: http://documents.worldbank.org/curated/en/926361468781759170/ pdf/28750.pdf. Badeeb, R.A. and Lean, H.H. (2017), “Financial development, oil dependence and economic growth: evidence from the Republic of Yemen”, Studies in Economics and Finance, Vol. 34 No. 2, pp. 281-298. Baloch, M.A. and Suad, S. (2018), “Modeling the impact of transport energy consumption on CO2 emission in Pakistan: evidence from ARDL approach”, Environmental Science and Pollution Research, Vol. 25 No. 10, pp. 9461-9473. Basher, I.H. (2012), “Diversifying Nigeria’s economy through non-oil export promotion”, Leadership Newspaper, May 13. Beblawi, H. and Luciani, G. (2015), The Rentier State, Routledge, London. Beck, T. and Demirguc-Kunt, A. (2006), “Small and medium-size enterprises: access to finance as a growth constraint”, Journal of Banking and Finance, Vol. 30 No. 11, pp. 2931-2943. Belloumi, M. (2014), “The relationship between trade, FDI and economic growth in Tunisia: an application of the autoregressive distributed lag model”, Economic Systems, Vol. 38 No. 2, pp. 269-287. Bhagwati, J. (1978), Anatomy and Consequences of Exchange Control Regimes. Foreign Trade Regimes and Economic Development Series, Ballinge Publishing, Cambridge, M.A. Bojanic, A.N. (2012), “The impact of financial development and trade on the economic growth of Bolivia”, Journal of Applied Economics, Vol. 15 No. 1, pp. 51-70. Cadot, O., Carrere, C. and Strauss-Kahn, V. (2013), “Trade diversification, income, and growth: what do we know?”, Journal of Economic Surveys, Vol. 27 No. 4, pp. 790-812. Callen, T., Cherif, R., Hasanove, F., Hegazy, A. and Khandelwal, P. (2014), “Economic diversification in the GCC: Past, present, and future”, I M F Staff Discussion Note, Institute for Capacity Development and Middle East and Central Asia Department, International Monetary Fund, available at: https://www.imf.org/external/pubs/ft/sdn/2014/sdn1412.pdf. Caselli, F., Koren, M., Lisicky, M. and Tenreyro, S. (2020), “Diversification through trade”, The Quarterly Journal of Economics, Vol. 135 No. 1, pp. 449-502. Cuberes, D. and Jerzmanowski, M. (2009), “Democracy, diversification and growth reversals”, The Conomic Journal, Vol. 119 No. 540, pp. 1270-1302. De Benedictis, L., Gallegati, M. and Tamberi, M. (2009), “Overall trade specialization and economic development: countries diversify”, Review of World Economics, Vol. 145 No. 1, pp. 37-55. Dunning, T. (2005), “Resource dependence, economic performance, and political stability”, Journal of Conflict Resolution, Vol. 49 No. 4, pp. 451-482. Egwakhide, C.I. (2012), “The impact of foreign direct investment on Nigeria’s economic growth; 1980- 2009: evidence from the Johansen’s cointegration approach”, International Journal of Business and Social Science, Vol. 3 No. 6, pp. 112-134. Esanov, A. (2012), Economic Diversification: Dynamics, Determinants and Policy Implications, Revenue Watch Institute, available at: http://resourcegovernance.org/sites/default/files/RWI_Economic_ Diversification.pdf Esu, G.E. and Udonwa, U. (2015), “ Economic diversification and economic growth: evidence from Nigeria” , Journal of Economics and Sustainable Development, Vol. 6 No. 16, pp. 56-68. Fuinhas, J.A., Marques, A.C. and Couto, A.P. (2015), “Oil rents and economic growth in oil producing countries: evidence from a macro panel”, Economic Change and Restructuring, Vol. 48 Nos 3-4, pp. 257-279. Gelb, A.H. (1988), Oil Windfalls: Blessing or Curse?, Oxford University Press, Washington, DC. G€ozg€or, G. and Can, M. (2017), “Causal linkages among the product diversification of exports, economic globalization and economic growth”, Review of Development Economics, Vol. 21 No. 3, pp. 888-908. Hamid, Z. and Amin, R.M. (2017), “Oman’s economic diversification cum trade structure”, available at: https://pdfs.semanticscholar.org/ec5b/2daa22c4ce96b8f02195adca08c83db14d41.pdf. Hakro, A.N. and Omezzine, A.M. (2016), “Oil prices and macroeconomic dynamics of the Oman economy”, The Journal of Developing Areas, Vol. 50 No. 1, pp. 1-27. Hasanov, F., Bulut, C. and Suleymanov, E. (2017), “Review of energy-growth nexus: a panel analysis for ten Eurasian oil exporting countries”, Renewable and Sustainable Energy Reviews, Vol. 73, pp. 369-386. Hassan, M., Al Shriaan, A. and Mirza, I. (2018), “Revealed comparative advantage of GCC economies”, International Journal of Economics and Finance, Vol. 10 No. 10, pp. 1-61. Hermes, N. and Lensink, R. (2000), “Financial system development in transition economies”, Journal of Banking and Finance, Vol. 24 No. 4, pp. 507-524. Herzer, D. and Nowak-Lehnmann, D.F. (2006), “‘What does export diversification do for growth?’, an econometric analysis”, Applied Economics, Vol. 38 No. 15, pp. 1825-1838. Hesse, H. (2008), “Export diversification and economic growth”, Working Paper No. 21, The International Bank for Reconstruction and Development / the World Bank, WA, DC. Huang, L.C. and Chang, S.H. (2014), “Revisit the nexus of trade openness and GDP growth: does the financial system matter?”, The Journal of International Trade and Economic Development, Vol. 23 No. 7, pp. 1038-1058. Jalil, A., Mahmood, T. and Idrees, M. (2013), “Tourism–growth nexus in Pakistan: evidence from ARDL bounds tests”, Economic Modelling, Vol. 35 C, pp. 185-191. Karl, T.L. (1997), The Paradox of Plenty: Oil Booms and Petro-States, Univ of California Press, London. Kazandjian, R., Kolovich, L.L., Kochhar, K. and Newiak, M. (2016), “Gender equality and economic diversification”, IMF Working Paper, African Department, Human Resource Department, and Strategy, Policy, and Review Department, IMF. Ketokivi, M. and McIntosh, C.N. (2017), “Addressing the endogeneity dilemma in operations management research: theoretical, empirical, and pragmatic considerations”, Journal of Operations Management, Vol. 52, pp. 1-14. Khayati, A. (2019), “The effects of oil and non-oil exports on economic growth in Bahrain”, International Journal of Energy Economics and Policy, Vol. 9 No. 3, pp. 160-164. Kim, D.H., Lin, S.C. and Suen, Y.B. (2010), “Are financial development and trade openness complements or substitutes?”, Southern Economic Journal, Vol. 76 No. 3, pp. 827-845. Kim, D.H., Lin, S.C. and Suen, Y.B. (2012), “The simultaneous evolution of economic growth, financial development, and trade openness”, The Journal of International Trade and Economic Development, Vol. 21 No. 4, pp. 513-537. Krueger, A. (1978), Liberalization Attempts and Consequences; Foreign Trade Regimes and Economic Development Series, Ballinger Publishing, Cambridge M.A. Kurronen, S. (2015), “Financial sector in resource-dependent economies”, Emerging Markets Review, Vol. 23, pp. 208-229. Levine, R. and Zervos, S. (1998), “ Stock markets, banks, and economic growth” , American Economic Review, Vol. 88 No. 3, pp. 537-558. Longmore, R., Jaupart, P. and Cazorla, M.R. (2014), “Toward economic diversification in Trinidad and Tobago”, Policy Research Working Paper No. 6840, Latin America and the Caribbean Region, Poverty Reduction and Economic Management Unit, The World Bank. Malik, A. and Temple, J.R.W. (2009), “The geography of output volatility”, Journal of Development Economics, Vol. 90 No. 2, pp. 163-178. Marques, A.C., Fuinhas, J.A. and Menegaki, A.N. (2016), “Renewable vs non-renewable electricity and the industrial production nexus: evidence from an ARDL bounds test approach for Greece”, Renewable Energy, Vol. 96, pp. 645-655. Mehlum, H., Moene, K. and Torvik, R. (2006), “Institutions and the resource curse”, The Economic Journal, Vol. 116 No. 508, pp. 1-20. Melitz, M.J. (2003), “The impact of trade on intra-industry reallocations and aggregate industry productivity”, Econometrica, Vol. 71 No. 6, pp. 1695-725. Mobarak, A. and Karshenasan, A. (2012), “The impact ofiInstitutional quality on relation between resource abundance and economic growth”, Iranian Economic Review, Vol. 16 No. 32, pp. 95-110. Narayan, P.K. (2004), “Fiji’s tourism demand: the ARDL approach to cointegration”, Tourism Economics, Vol. 10 No. 2, pp. 193-206. Nazir, M.I., Nazir, M.R., Hashmi, S.H. and Ali, Z. (2018), “Environmental Kuznets Curve hypothesis for Pakistan: empirical evidence form ARDL bound testing and causality approach”, International Journal of Green Energy, Vol. 15 Nos 14-15, pp. 947-957. Nili, M. and Rastad, M. (2007), “Addressing the growth failure of the oil economies: the role of financial development”, The Quarterly Review of Economics and Finance, Vol. 46 No. 5, pp. 726-740. Nkoro, E. and Uko, A.K. (2016), “Autoregressive Distributed Lag (ARDL) cointegration technique: application and interpretation”, Journal of Statistical and Econometric Methods, Vol. 5 No. 4, pp. 63-91. Onayemi, S.O. and Ishola, R.A. (2009), “Diversifying the productive base of Nigeria, an econometric approach to the assessment of non-oil export promotion strategies”, Journal of Research in Economics and International Finance (JREIF), Vol. 3 No. 1, pp. 1-11. Papageorgiou, D., Michaely, M. and Choski, A. (1991), Liberalizing Foreign Trade: Lessons of Experience in the Developing World, Basil Blackwell, Cambridge, MA. Parteka, A. and Tamberi, M. (2013), “What determines export diversification in the development process? empirical assessment”, The World Economy, Vol. 36 No. 6, pp. 807-826. Ramcharan, M.R. (2006), “Does economic diversification lead to financial development? Evidence from Topography”, IMF working paper No. 6/35, International Monetary Fund, Washington, DC. Rani, R. and Kumar, N. (2019), “On the causal dynamics between economic growth, trade openness and gross capital formation: evidence from BRICS countries”, Global Business Review, Vol. 20 No. 3, pp. 795-812. Sachs, J.D. and Warner, A.M. 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(2016), “Economic development and the energy intensity of human well-being: evidence from the GCC countries”, Renewable and Sustainable Energy Reviews, Vol. 55, pp. 1363-1369. WDI (2019), World Development Indicator, World Bank, available at: https://databank.worldbank.org/ home.aspx. Yu, Q. (1998), “Capital investment, international trade and economic growth in China: evidence in the 1980–1990s”, China Economic Review, Vol. 9 No. 1, pp. 73-84. | |
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| Trường DC | Giá trị | Ngôn ngữ |
|---|---|---|
| dc.contributor.author | Sohail Amjed | |
| dc.contributor.other | Iqtidar Ali Shah | |
| dc.date.accessioned | 2023-11-01T10:23:59Z | - |
| dc.date.available | 2023-11-01T10:23:59Z | - |
| dc.date.issued | 2021 | |
| dc.identifier.isbn | 1992-0020 | |
| dc.identifier.uri | https://dlib.neu.edu.vn/handle/NEU/58664 | - |
| dc.description | Financial | |
| dc.description.abstract | Purpose – The purpose of this study is to investigate long-run and short-run relationships between trade diversification, financial system development, capital formation and economic growth. Design/methodology/approach – ARDL estimation approach is applied to analyze long-run and short-run relationships between the financial system development, capital formation, economic growth and trade diversification in case of the Sultanate of Oman over the period 39 years starting from 1979 till 2017. Findings – The results show that financial system development and economic growth has a positive impact on trade diversification in the short-run and long-run. However, capital formation has a negative impact on trade diversification in the short run and long run. The negative relationship between trade diversification and capital formation implies that over the period of study, the investment in capital goods was made to enhance the production capacity of the oil sector to maximize revenue. Research limitations/implications – This research is limited to analyze long-run and short-run relationship between the financial system development, capital formation and economic growth and trade diversification in case of Sultanate of Oman. Practical implications – To achieve the diversification goal, the policymakers need to formulate policies to strengthen the financial system and invest in infrastructure development to promote the non-oil sector. The research findings of this study will provide insights to the policymakers to formulate an effective diversification policy. Originality/value – This research contributes to the existing literature by providing empirical evidence of the short-run and long-run analysis of the selected variables in the context of an oil-dependent country. | |
| dc.description.tableofcontents | 1. Introduction; 2. Literature review; 3. Methodology; 4. Results and discussion; 5. Conclusion and policy implications | |
| dc.format.extent | Khổ 21 x 29.7 | |
| dc.language.iso | en | |
| dc.publisher | Kinh Tế Quốc Dân | |
| dc.subject | Trade diversification | |
| dc.subject | Capital formation | |
| dc.subject | Economic growth | |
| dc.subject | Financial system development | |
| dc.subject | Oil dependence | |
| dc.title | Does financial system development, capital formation and economic growth induces trade diversification? | |
| dc.type | Journal of Economics and Development | |
| dc.identifier.barcode | 10-1108_JED-06-2020-0073 | |
| dc.relation.reference | Acemoglu, D., Johnson, S. and Robinson, J.A. (2005), “Institutions as a fundamental cause of long-run growth”, Handbook of Economic Growth, Vol. 1, pp. 385-472. Adeola, O. and Evans, O. (2017), “Financial inclusion, financial development, and economic diversification in Nigeria”, The Journal of Developing Areas, Vol. 51 No. 3, pp. 1-15. Adhikary, B.K. (2015), “Dynamic effects of FDI, trade openness, capital formation and human capital on the economic growth rate in the least developed economies: evidence from Nepal”, International Journal of Trade, Economics and Finance, Vol. 6 No. 1, p. 1. Aditya, A. and Acharyya, R. (2013), “Export diversification, composition, and economic growth: evidence from cross-country analysis”, The Journal of International Trade and Economic Development, Vol. 22 No. 7, pp. 959-992. Agosin, M.R., Alvarez, R. and Bravo-Ortega, C. (2012), “Determinants of export diversification around the world: 1962–2000”, The World Economy, Vol. 35 No. 3, pp. 295-315. Ahmadov, A. (2012), “Political determinants of economic diversification in natural resource rich developing countries”, Paper Presented at the Oxford-Princeton Global Leaders Fellowship Programme 4th Annual Colloquium. Al-Abri, I., Onel, G. and Grogan, K.A. (2019),€ “Oil revenue shocks and the growth of the non-oil sector in an oil-dependent economy: the case of Oman”, Theoretical Economics Letters, Vol. 9 No. 4, pp. 785-800. Al-Kawaz, A. (2008), “Economic diversification: the case of Kuwait with reference to oil producing countries”, Journal of Economic Cooperation, Vol. 29 No. 3, pp. 23-48. Al-Marhubi, F. (2000), “ Export diversification and growth: an empirical investigation” , Applied Economics Letters, Vol. 7 No. 9, pp. 559-562. Albassam, B.A. (2015), “Economic diversification in Saudi Arabia: myth or reality?”, Resources Policy, Vol. 44, pp. 112-117. Alsharif, N., Bhattacharyya, S. and Intartaglia, M. (2017), “Economic diversification in resource rich countries: history, state of knowledge and research agenda”, Resources Policy, Vol. 52, pp. 154-164. Arguello, R. (2017),€ “Trade diversification in Colombia, 1991-2011”, Cuadernos de Econom ıa, Vol. 36 No. 71, pp. 345-378. Auty, R.M. and Gelb, A.H. (2001), “Political economy of resource-abundant states”, in Auty R.M. (ed.), Resource Abundance and Economic Development, Oxford University Press for UNU-WIDER, Oxford, pp. 126-44, available at: http://documents.worldbank.org/curated/en/926361468781759170/ pdf/28750.pdf. Badeeb, R.A. and Lean, H.H. (2017), “Financial development, oil dependence and economic growth: evidence from the Republic of Yemen”, Studies in Economics and Finance, Vol. 34 No. 2, pp. 281-298. Baloch, M.A. and Suad, S. (2018), “Modeling the impact of transport energy consumption on CO2 emission in Pakistan: evidence from ARDL approach”, Environmental Science and Pollution Research, Vol. 25 No. 10, pp. 9461-9473. Basher, I.H. (2012), “Diversifying Nigeria’s economy through non-oil export promotion”, Leadership Newspaper, May 13. Beblawi, H. and Luciani, G. (2015), The Rentier State, Routledge, London. Beck, T. and Demirguc-Kunt, A. (2006), “Small and medium-size enterprises: access to finance as a growth constraint”, Journal of Banking and Finance, Vol. 30 No. 11, pp. 2931-2943. Belloumi, M. (2014), “The relationship between trade, FDI and economic growth in Tunisia: an application of the autoregressive distributed lag model”, Economic Systems, Vol. 38 No. 2, pp. 269-287. Bhagwati, J. (1978), Anatomy and Consequences of Exchange Control Regimes. Foreign Trade Regimes and Economic Development Series, Ballinge Publishing, Cambridge, M.A. Bojanic, A.N. (2012), “The impact of financial development and trade on the economic growth of Bolivia”, Journal of Applied Economics, Vol. 15 No. 1, pp. 51-70. Cadot, O., Carrere, C. and Strauss-Kahn, V. (2013), “Trade diversification, income, and growth: what do we know?”, Journal of Economic Surveys, Vol. 27 No. 4, pp. 790-812. Callen, T., Cherif, R., Hasanove, F., Hegazy, A. and Khandelwal, P. (2014), “Economic diversification in the GCC: Past, present, and future”, I M F Staff Discussion Note, Institute for Capacity Development and Middle East and Central Asia Department, International Monetary Fund, available at: https://www.imf.org/external/pubs/ft/sdn/2014/sdn1412.pdf. Caselli, F., Koren, M., Lisicky, M. and Tenreyro, S. (2020), “Diversification through trade”, The Quarterly Journal of Economics, Vol. 135 No. 1, pp. 449-502. Cuberes, D. and Jerzmanowski, M. (2009), “Democracy, diversification and growth reversals”, The Conomic Journal, Vol. 119 No. 540, pp. 1270-1302. De Benedictis, L., Gallegati, M. and Tamberi, M. (2009), “Overall trade specialization and economic development: countries diversify”, Review of World Economics, Vol. 145 No. 1, pp. 37-55. Dunning, T. (2005), “Resource dependence, economic performance, and political stability”, Journal of Conflict Resolution, Vol. 49 No. 4, pp. 451-482. Egwakhide, C.I. (2012), “The impact of foreign direct investment on Nigeria’s economic growth; 1980- 2009: evidence from the Johansen’s cointegration approach”, International Journal of Business and Social Science, Vol. 3 No. 6, pp. 112-134. Esanov, A. (2012), Economic Diversification: Dynamics, Determinants and Policy Implications, Revenue Watch Institute, available at: http://resourcegovernance.org/sites/default/files/RWI_Economic_ Diversification.pdf Esu, G.E. and Udonwa, U. (2015), “ Economic diversification and economic growth: evidence from Nigeria” , Journal of Economics and Sustainable Development, Vol. 6 No. 16, pp. 56-68. Fuinhas, J.A., Marques, A.C. and Couto, A.P. (2015), “Oil rents and economic growth in oil producing countries: evidence from a macro panel”, Economic Change and Restructuring, Vol. 48 Nos 3-4, pp. 257-279. Gelb, A.H. (1988), Oil Windfalls: Blessing or Curse?, Oxford University Press, Washington, DC. G€ozg€or, G. and Can, M. (2017), “Causal linkages among the product diversification of exports, economic globalization and economic growth”, Review of Development Economics, Vol. 21 No. 3, pp. 888-908. Hamid, Z. and Amin, R.M. (2017), “Oman’s economic diversification cum trade structure”, available at: https://pdfs.semanticscholar.org/ec5b/2daa22c4ce96b8f02195adca08c83db14d41.pdf. Hakro, A.N. and Omezzine, A.M. (2016), “Oil prices and macroeconomic dynamics of the Oman economy”, The Journal of Developing Areas, Vol. 50 No. 1, pp. 1-27. Hasanov, F., Bulut, C. and Suleymanov, E. (2017), “Review of energy-growth nexus: a panel analysis for ten Eurasian oil exporting countries”, Renewable and Sustainable Energy Reviews, Vol. 73, pp. 369-386. Hassan, M., Al Shriaan, A. and Mirza, I. (2018), “Revealed comparative advantage of GCC economies”, International Journal of Economics and Finance, Vol. 10 No. 10, pp. 1-61. Hermes, N. and Lensink, R. (2000), “Financial system development in transition economies”, Journal of Banking and Finance, Vol. 24 No. 4, pp. 507-524. Herzer, D. and Nowak-Lehnmann, D.F. (2006), “‘What does export diversification do for growth?’, an econometric analysis”, Applied Economics, Vol. 38 No. 15, pp. 1825-1838. Hesse, H. (2008), “Export diversification and economic growth”, Working Paper No. 21, The International Bank for Reconstruction and Development / the World Bank, WA, DC. Huang, L.C. and Chang, S.H. (2014), “Revisit the nexus of trade openness and GDP growth: does the financial system matter?”, The Journal of International Trade and Economic Development, Vol. 23 No. 7, pp. 1038-1058. Jalil, A., Mahmood, T. and Idrees, M. (2013), “Tourism–growth nexus in Pakistan: evidence from ARDL bounds tests”, Economic Modelling, Vol. 35 C, pp. 185-191. Karl, T.L. (1997), The Paradox of Plenty: Oil Booms and Petro-States, Univ of California Press, London. Kazandjian, R., Kolovich, L.L., Kochhar, K. and Newiak, M. (2016), “Gender equality and economic diversification”, IMF Working Paper, African Department, Human Resource Department, and Strategy, Policy, and Review Department, IMF. Ketokivi, M. and McIntosh, C.N. (2017), “Addressing the endogeneity dilemma in operations management research: theoretical, empirical, and pragmatic considerations”, Journal of Operations Management, Vol. 52, pp. 1-14. Khayati, A. (2019), “The effects of oil and non-oil exports on economic growth in Bahrain”, International Journal of Energy Economics and Policy, Vol. 9 No. 3, pp. 160-164. Kim, D.H., Lin, S.C. and Suen, Y.B. (2010), “Are financial development and trade openness complements or substitutes?”, Southern Economic Journal, Vol. 76 No. 3, pp. 827-845. Kim, D.H., Lin, S.C. and Suen, Y.B. (2012), “The simultaneous evolution of economic growth, financial development, and trade openness”, The Journal of International Trade and Economic Development, Vol. 21 No. 4, pp. 513-537. Krueger, A. (1978), Liberalization Attempts and Consequences; Foreign Trade Regimes and Economic Development Series, Ballinger Publishing, Cambridge M.A. Kurronen, S. (2015), “Financial sector in resource-dependent economies”, Emerging Markets Review, Vol. 23, pp. 208-229. Levine, R. and Zervos, S. (1998), “ Stock markets, banks, and economic growth” , American Economic Review, Vol. 88 No. 3, pp. 537-558. 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Bộ sưu tập | 02. Tạp chí (Tiếng Anh) | |
