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on Arab World |
| By: | Tuck Cheong Tang; Evan Lau |
| Abstract: | This study aims to examine the sustainability of balancing item (‘net errors and omissions’) of balance of payment accounts for OIC (Organisation of the Islamic Conference) member countries. The series specific panel unit root test (SURADF unit root tests) suggest that 9 out of 23 sampled OIC member countries have their balancing item sustainable - Albania, Coted’Ivoire, Indonesia, Kuwait, Malaysia, Mozambique, Pakistan, Tunisia, and Uganda. |
| Keywords: | Balancing Item (Net Errors and Omissions); Organisation of the Islamic Conference (OIC); Sustainability |
| JEL: | C22 F32 |
| Date: | 2009–06 |
| URL: | http://d.repec.org/n?u=RePEc:mos:moswps:2008-31&r=ara |
| By: | Naufal, George (American University of Sharjah); Termos, Ali (American University of Sharjah) |
| Abstract: | We investigate the responsiveness of remittances from the Gulf Cooperation Council (GCC) countries to the changes in the price of crude oil. Most of the GCC countries rank in the top 20 remitting countries in the world. We find that oil price elasticity of remittances is around 0.4. While most studies have examined the impact of remittances on the real economic activities in the receiving countries, this study emphasises the impact of remittances on the remitting countries. We examine various policy implications with regard to macroeconomic shocks, monetary policy and fiscal policy of the GCC countries. |
| Keywords: | elasticity, remittances, oil price, GCC |
| JEL: | F24 P22 N15 |
| Date: | 2009–07 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp4277&r=ara |
| By: | Kalyoncu, Kahraman |
| Abstract: | Bu çalışmada gıda harcamalarının toplam gelir içindeki paylarına bakarak, bireyin ya da hane halkının reel gelirinin ya da satın alma gücünün artıp artmadığı sorusuna cevap aradık. Gıda harcamalarının bütçe içindeki payının azalmasını reel gelirin artmasının bir göstergesi olarak ele aldık. Çalışmamızda Türkiye’nin 17 bölgesel hale getirilmiş illerinde 1994 ve 2003 yıllarında yapılan hane halkı bütçe anketi verilerini kullandık. Analiz sonucunda ele alınan dönem itibariyle gıda harcamalarının gelir içindeki payının azaldığı bulunmuştur. Sonuç olarak ele alınan dönemler itibariyle hane halklarının reel gelirinin ya da satın alma güçlerinin arttığı bulunmuştur. ABSTRACT In this study, we investigate whether the individuals or household real income level or purchasing power parity increases in terms of food expenditure ratio in income. If the portion of the food expenditure in budget declines then we take it as an increase income level. 17 Turkish pregionalized provincial level household data is used for 1994 and 2003. For the period we experience that food expenditure ratio in income declines. Therefore, household reel income level or purchasing power has increased. |
| Keywords: | Anahtar Kelimeler: Satın Alma Gücü; Gıda Harcamalarının Gelir İçindeki Payı; Engel Kanunu; Düşük Mal; Purchasing Power; Food Expenditure Ratio İn İncome; Engel Law; Inferior Good. |
| JEL: | O11 B21 O47 I12 B22 O40 E21 O12 |
| Date: | 2009–06 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:16152&r=ara |