• Login
    View Item 
    •   Home
    • Master's Programs
    • Master of Science in Finance
    • View Item
    •   Home
    • Master's Programs
    • Master of Science in Finance
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of Effat University RepositoryCommunitiesPublication DateAuthorsTitlesSubjectsPublisherJournalTypeDepartmentThis CollectionPublication DateAuthorsTitlesSubjectsPublisherJournalTypeDepartmentProfilesView

    My Account

    Login

    Statistics

    Display statistics

    The Impact of pandemic and Economic Regularity on the GCC Financial Market

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Thumbnail
    Name:
    The-Impact-of-pandemic-and-Eco ...
    Size:
    3.024Mb
    Format:
    PDF
    Download
    Type
    Thesis
    Author
    Alalami, Ahlam
    Supervisor
    Shaheen, Rozina
    Subject
    GCC
    Date
    2021
    
    Metadata
    Show full item record
    Abstract
    This research investigates the Impact of COVID-19 on the GCC index, exchange, and oil return. It compares it with the outcomes of structural changes in the GCC economy: corporate tax and the Goods and Services Tax (VAT) implementation. Event study (constant return Model) and standard Vector Auto-regression show the Impact of COVID-19 on these three variables compared to that of corporate tax and the VAT. Using daily index return, oil price, and exchange. Saudi Arabia's data is from Oct 21, 1998, to Feb 10, 2022. United Arab Emirates data is from Aug 29, 2005, to Feb 10, 2022. Kuwait data from Dec 1, 2022. Qatar data is from Dec 31, 2001, to Feb 10, 2022. Oman data is from Dec 22, 2000, to Feb 10, 2022. Bahrain data is from Jun 1, 2014, to Feb 10, 2022. Corporate tax has a short-term impact on the index return of UAE and Oman, and it has a short-term effect on the oil return of UAE and Qatar. While in the long term, the impact affects the oil return of SA and UAE. VAT has a short-term impact on the index return of SA and Oman, and it has a short-term effect on the oil return of Bahrain. Although, in the long term, the impact is just affected the oil return of Bahrain.COVID-19 has a short-term impact on the index return of SA, and it has a short-term effect on the exchange return of SA, UAE, Kuwait, Qatar, and Oman. Although, COVID-19 has no long-term impact on GCC Variables. In addition, VAT and corporate tax have more Impact than COVID-19 on the long-term GCC oil return. Moreover, VAT, corporate tax, and COVID-19 have no impact on the long-term index return and exchange return. This study provides new insight into the financial market during external events which may have a direct or indirect effect. In addition, it gives a brief picture of the impact of new economic policies and pandemics on the GCC, the GCC index, exchange, and oil return by using Event Study (constant return Model) for short-term estimation and standard Vector Auto-regression for long term estimation.
    Publisher
    Effat University
    Collections
    Master of Science in Finance

    entitlement

     
    DSpace software (copyright © 2002 - 2023)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.