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Examining the Performance of Oman’s Economy

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  • Razzak, Weshah

Abstract

We examine the economic performance of Oman’s economy over the period from 1998 to 2016, where data are readily available. Our focus is on the performance of the non-hydrocarbon sector (NHC sector) relative to the hydrocarbon sector (HC sector), nominal versus real GDP growth, productivity measures, the drivers of growth, and the return to investments. We also compare Oman non-hydrocarbon sector performance to Dubai, which is the closet non-oil economy. We have a number of finding that could help policymakers.

Suggested Citation

  • Razzak, Weshah, 2020. "Examining the Performance of Oman’s Economy," MPRA Paper 103379, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:103379
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    File URL: https://mpra.ub.uni-muenchen.de/103379/1/MPRA_paper_103379.pdf
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    References listed on IDEAS

    as
    1. Razzak, Weshah, 2017. "International Productivity Growth Differentials Sectoral Analysis and Missing Productivity," MPRA Paper 84967, University Library of Munich, Germany, revised 06 Mar 2018.
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    8. Dr. Belkacem Laabas , Dr. Weshah Razzak, "undated". "Taxes, Natural Resource Endowment, and the Supply of Labor: New Evidence," API-Working Paper Series 1005, Arab Planning Institute - Kuwait, Information Center.
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    More about this item

    Keywords

    Productivity; (un) skilled labor; investments; Oman; Dubai;
    All these keywords.

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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