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The Impact of Changes in International Oil Prices on Economic Growth in Iraq for the Period 2004-2019

    Authors

    • Diaa Hussein Saud
    • Reiam Ali Talib
    • Amal Hadi Rashid

    Al-Kut University College Journal

,

Document Type : Research Paper

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Abstract

The study aims to analyze the impact of oil price fluctuations on economic growth in Iraq for the period 2004-2019, so the severity of the impact of global oil price changes on oil-exporting countries varies according to the percentage of the oil sector’s contribution to the formation of GDP compared to other sectors, so we find the countries that constitute the sector Oil has the largest share in the composition of its gross domestic product, and the main source of financing its public spending is more vulnerable to the problems of fluctuations in international oil prices. Oil is the largest share of GDP, so the effects of oil price fluctuations are clearly reflected in economic growth through the general budget channel, which I used the inductive approach based on the presentation and analysis of data and drawing conclusions from it, and I also used the quantitative approach to measure the impact of that relationship between economic variables and analysis of results standard and statistical.

Keywords

  • oil prices
  • Economic Growth
  • gross domestic product
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Alkut university college journal
Volume 2022, Issue 2022
The 5th ISC Towards Modern Trends and Advanced Management in Building a Contemporary Economic System, Issue Special issue
September 2022
Page 484-496
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  • Article View: 404
  • PDF Download: 39

APA

Saud, D. H. , Talib, R. A. and Rashid, A. H. (2022). The Impact of Changes in International Oil Prices on Economic Growth in Iraq for the Period 2004-2019. Alkut university college journal, 2022(2022), 484-496.

MLA

Saud, D. H. , , Talib, R. A. , and Rashid, A. H. . "The Impact of Changes in International Oil Prices on Economic Growth in Iraq for the Period 2004-2019", Alkut university college journal, 2022, 2022, 2022, 484-496.

HARVARD

Saud, D. H., Talib, R. A., Rashid, A. H. (2022). 'The Impact of Changes in International Oil Prices on Economic Growth in Iraq for the Period 2004-2019', Alkut university college journal, 2022(2022), pp. 484-496.

CHICAGO

D. H. Saud , R. A. Talib and A. H. Rashid, "The Impact of Changes in International Oil Prices on Economic Growth in Iraq for the Period 2004-2019," Alkut university college journal, 2022 2022 (2022): 484-496,

VANCOUVER

Saud, D. H., Talib, R. A., Rashid, A. H. The Impact of Changes in International Oil Prices on Economic Growth in Iraq for the Period 2004-2019. Alkut university college journal, 2022; 2022(2022): 484-496.

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