000			02865nam a22002897a 4500
003			KOHA_Geminibilgi
005			20220421105846.0
008			220421d2022 cy ||||| |m|| 00| 0 eng d
040			_aCY-NiCIU _beng _cCY-NiCIU _erda
041			_aeng
090			_aD 310 _bA49 2022
100	1		_aAlwee, Aref
245	1	4	_aTHE IMPACT OF STOCK MARKET DEVELOPMENT ON ECONOMIC GROWTH OF GCC COUNTRIES / _cAREF ALWEE; SUPERVISOR: ASST. PROF. DR. HUSAM RJOUB
264			_c2022
300			_a118 sheets _c31 cm. _eIncludes CD
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
502			_aThesis (DBA) - Cyprus International University. Institute of Graduate Studies and Research Accounting and Finance Department
504			_aIncludes bibliography (sheets 114-118)
520			_aABSTRACT The impact of stock market development on the economic growth in recent times has become of the major areas of study for development and economic researchers as well as policy makers around the world. Several factors that contribute to economic growth around the world have been studied however, the factors contributing to the economic growth of the GCC countries have not been identified in research. This study examines the impact of stock market development index of the GCC countries for 20 years on economic growth. A panel data of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman (six countries) for a period of 1980 -2017 was collected and used for this study. Considering the presence of the endogeneity in the model, the study examines the panel data. This analysis employed the estimation of dynamic panel data using GMM model estimator. The result presents a summed significant relationship between stock market development proxied by each country’s market index and economic growth among the GCC countries. Bank size and oil contribute significantly to economic growth since the GCC countries are oil-based economy. In correspondence with other studies, credits loans and inflation are not contributors to economic growth. As the evidence from this study represents using Generalized Method of Moments (GMM) model estimation, the GCC countries studies shows other Arab nations the level of impact that the stock market development can contribute to their economies alongside other specific economic sector development like the Bank size and oil price. This study fills the gap in the literature on variation on the impact of stock market on economic growth across the globe in the GCC countries.
630			_aGulf Cooperation Council _vDissertations, Academic
650		0	_aEconomic development _vDissertations, Academic
650		0	_aStatistical methods _vDissertations, Academic
700	1		_aRjoub, Husam _esupervisor
942			_2ddc _cTS
999			_c284165 _d284165