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Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors

This study examines the impact of oil production and the GDP of Sudan for the period 1995 to 2012. Specifically, these impacts are in the form of, investment on Agro GDP sector. To meet this objective, secondary data were collected and analyzed using time series methods of unit root, cointegration,...

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Main Authors: Hassan, K., Abdullah, A.
Format: Article
Published: American Scientific Publishers 2015
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-84946904117&doi=10.1166%2fasl.2015.6247&partnerID=40&md5=6af35bdbd7d1c3983367d9cefa605db3
http://eprints.utp.edu.my/26057/
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spelling my.utp.eprints.260572021-08-30T08:51:00Z Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors Hassan, K. Abdullah, A. This study examines the impact of oil production and the GDP of Sudan for the period 1995 to 2012. Specifically, these impacts are in the form of, investment on Agro GDP sector. To meet this objective, secondary data were collected and analyzed using time series methods of unit root, cointegration, and multi regression. The results reveal a weak causality relationship between independent variables (public investment, foreign investment, private investment) and dependent variables namely agriculture GDP. Investment is estimated to have contributed to 58 percent of variation in agriculture GDP during post oil production period. The results of the analysis suggest that only public investment affects the agriculture GDP significantly. The forging direct investment and private investment are insignificant. © 2015 American Scientific Publishers. All rights reserved. American Scientific Publishers 2015 Article NonPeerReviewed https://www.scopus.com/inward/record.uri?eid=2-s2.0-84946904117&doi=10.1166%2fasl.2015.6247&partnerID=40&md5=6af35bdbd7d1c3983367d9cefa605db3 Hassan, K. and Abdullah, A. (2015) Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors. Advanced Science Letters, 21 (6). pp. 2166-2168. http://eprints.utp.edu.my/26057/
institution Universiti Teknologi Petronas
building UTP Resource Centre
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Petronas
content_source UTP Institutional Repository
url_provider http://eprints.utp.edu.my/
description This study examines the impact of oil production and the GDP of Sudan for the period 1995 to 2012. Specifically, these impacts are in the form of, investment on Agro GDP sector. To meet this objective, secondary data were collected and analyzed using time series methods of unit root, cointegration, and multi regression. The results reveal a weak causality relationship between independent variables (public investment, foreign investment, private investment) and dependent variables namely agriculture GDP. Investment is estimated to have contributed to 58 percent of variation in agriculture GDP during post oil production period. The results of the analysis suggest that only public investment affects the agriculture GDP significantly. The forging direct investment and private investment are insignificant. © 2015 American Scientific Publishers. All rights reserved.
format Article
author Hassan, K.
Abdullah, A.
spellingShingle Hassan, K.
Abdullah, A.
Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors
author_facet Hassan, K.
Abdullah, A.
author_sort Hassan, K.
title Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors
title_short Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors
title_full Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors
title_fullStr Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors
title_full_unstemmed Modeling the economic impacts of oil production in sudan: An empirical analysis for productive sectors
title_sort modeling the economic impacts of oil production in sudan: an empirical analysis for productive sectors
publisher American Scientific Publishers
publishDate 2015
url https://www.scopus.com/inward/record.uri?eid=2-s2.0-84946904117&doi=10.1166%2fasl.2015.6247&partnerID=40&md5=6af35bdbd7d1c3983367d9cefa605db3
http://eprints.utp.edu.my/26057/
_version_ 1738656817560420352
score 13.211869

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