Ibrahim Mufrah Almanjahie1, 2, Zouaoui Chikr Elmezouar1, 2, 3, *, Ali Laksaci1, 2
CMC-Computers, Materials & Continua, Vol.63, No.2, pp. 593-604, 2020, DOI:10.32604/cmc.2020.08901
- 01 May 2020
Abstract This paper examines the causal relationship between oil prices and the Gross
Domestic Product (GDP) in the Kingdom of Saudi Arabia. The study is carried out by a
data set collected quarterly, by Saudi Arabian Monetary Authority, over a period from
1974 to 2016. We seek how a change in real crude oil price affects the GDP of KSA.
Based on a new technique, we treat this data in its continuous path. Precisely, we analyze
the causality between these two variables, i.e., oil prices and GDP, by using their yearly
curves observed in the four More >
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