قياس العلاقة بين أسعار النفط والنمو الاقتصادي في ليبيا

Abstract

This research aims to study the impact of fluctuations in global oil prices on Libyan economic growth rates during the period from 1976-2023 AD, and in order to reach results that serve the desired goal, a Vector Autoregressive Model (VAR Vector Autoregressive Model) was used, and one of the most important results that It was found that there is a direct relationship between oil prices and GDP, as well as a one-way causal relationship from LNOIP to LGDP.