...
首页> 外文期刊>Resources policy >Oil resources, deficit financing and per capita GDP growth in selected oil-rich African nations: A dynamic heterogeneous panel approach
【24h】

Oil resources, deficit financing and per capita GDP growth in selected oil-rich African nations: A dynamic heterogeneous panel approach

机译:石油资源,赤字融资和各人均GDP增长在富含石油非洲国家:动态异构面板方法

获取原文
获取原文并翻译 | 示例
           

摘要

This study examines the effect of oil resource abundance and deficit finance on per capita GDP growth in selected oil-rich African countries between 1980 and 2017. We analyse panel data from Algeria, Angola, Egypt, Libya, and Nigeria using the dynamic heterogeneous panel approach. Results show that oil production positively enhances GDP growth in the panel, Algeria, Angola, Egypt, and Libya, except in Nigeria. Oil rents adversely affect growth in Algeria, Angola, Egypt, and Libya, while net oil export negatively affects GDP growth in the short- and long-run in Africa, Angola, Egypt, Libya, and Algeria, but positive in Nigeria. Lastly, deficit finance is growth-enhancing in Algeria and Egypt, but growth-reducing in Libya, Nigeria, and Angola. It is therefore essential for these countries to invest their oil largesse in boosting the productive base of their economies to lower fiscal deficits during periods of crude oil price uncertainties and boost GDP growth.
机译:本研究探讨了石油资源丰富和赤字融资在1980年至2017年间选定的非洲非洲国家人均GDP增长的影响。我们使用动态异构面板方法分析来自阿尔及利亚,安哥拉,埃及,利比亚和尼日利亚的小组数据 。 结果表明,除尼日利亚外,石油产量积极增强小组,阿尔及利亚,安哥拉,埃及和利比亚的GDP增长。 石油租金对阿尔及利亚,安哥拉,埃及和利比亚的增长不利影响,而净油出口对非洲,安哥拉,埃及,利比亚和阿尔及利亚的短期和长期营销产生了负面影响GDP增长,而是在尼日利亚积极影响。 最后,赤字金融在阿尔及利亚和埃及的增长增长,而是在利比亚,尼日利亚和安哥拉减少增长。 因此,这些国家必须投资于他们的石油,使其经济的生产基础提高,以降低原油价格不确定因素的财政赤字,并提高GDP增长。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号