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Examining the Performance of Oman’s Economy

Weshah Razzak

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Productivity; (un) skilled labor; investments; Oman; Dubai (search for similar items in EconPapers)
JEL-codes: E0 E01 E22 E23 E24 (search for similar items in EconPapers)
Date: 2020-10-08
New Economics Papers: this item is included in nep-ara and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:103379

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