Quantitative measurement of economic sectors effect on the non-oil GDP in United Arab Emirates

Omar Masood and Bruno S. Sergi

International Journal of Trade and Global Markets, 2008, vol. 1, issue 3, 239-258

Abstract: This study aims to identify the impact of the economic sectors in the UAE on the non-oil GDP. We analyse the statistical data depending on Arithmetic Means, Correlation Coefficients, and Regression Analysis to test the validity of the proposed statistical model, and to find the impact of independent variables (economic sectors) on the dependent variable (non-oil GDP). The findings of this study revealed that we were able to build a statistical model for the economic sectors and the non-oil GDP, to analyse the economic indicators of the UAE during (1970-2006).

Keywords: non-oil GDP; gross domestic product; oil sector; regression analysis; correlation analysis; hypothesis testing; statistical estimation; United Arab Emirates; UAE. (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijtrgm:v:1:y:2008:i:3:p:239-258

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