This study were examined relationship between bank credits and investment growth of agricultural sector in Iran during the period of 1982-2011 by auto regressive distribution lag bounds test approach. Basically, the growth investing of the agricultural sector in Iran is related to oil revenues, bank credits, value added of agriculture sector and capital stock. The results confirm the existence ...

The markup (the ratio of price to marginal cost) in Canada has risen steadily since the early 1990s suggesting a widening gap between the actual and the efficient level of output and a declining share of labour income in GDP. It exhibits non-stationary movements over the sample period 1982Q1 to 2009Q4, allowing us to identify a permanent markup shock. We provide evidence that oil price movement...

This paper investigates the existence of ownership effects in the global oil and gas industry, i.e. whether there are systematic performance and efficiency differentials between National Oil Companies (NOCs) and privately-owned International Oil Companies (IOCs). The dataset, which is based on a survey published by Energy Intelligence and covers 1,001 firm observation years in the period 1987 t...

Oil price fluctuations affect equity values in North American, European, and Gulf Cooperation Council (GCC) stock markets, as evidenced by prior studies. However, they only focus on market-wide level analysis. This study, through both market level and sector level analyses, examines the sensitivity of Malaysian stock returns to oil price fluctuations over the period from January 2000 to March 2...

A dynamic systems modeling approach is being developed for assessing the sustainability of an industrial sector. Assessing systems sustainability is a complex undertaking and entails the synthesis of large quantities of information from different sources. In this approach, those environmental performance measures relevant to the industrial sector in question are first identified. Then a systems...

The electricity and potable water production sector in Kuwait depends solely on oil and gas fired generation technologies. Complete reliance on oil and gas has negative impact on the country's economy and environment, and hence, calls for exploration for alternative energy sources. This paper presents results of analysis of including renewable energy technologies within the generation inventory...

In the context of recent oil prices fall and resulting budgetary problems faced by KSA, it is very interesting to examine the country’s overdependence on oil revenues. In this paper, we examine whether extreme oil dependence for Saudi Arabia is the symptom of Dutch Disease. We first provide a brief review of the literature on Dutch Disease and the natural resource curse. We then discuss the sym...