The Department of Economics at the College of Administration and Economics, University of Mosul, discussed the doctoral thesis tagged “Measuring the impact of oil revenues on a number of macroeconomic variables for selected oil countries with reference to Iraq for the period 2003-2020”.

Part of it was attended by the Dean of the Faculty, Prof. Dr. Thaeir Ahmed Saadoon Al-Samman.

The current study submitted by the student “Mohamed Ahmed Mohamed Hassan” in the Department of Economics aimed to: Measuring and estimating the impact of oil revenues on a number of macroeconomic variables for selected oil countries for the period (2003-2020), and the study also started from the main premise that oil revenues have a distinct position in macroeconomic variables, which depend on oil exports to finance public spending and support their economic development programs, as eight oil countries have been identified as the highest in terms of oil production and exports within the Organization of Petroleum Exporting Countries (OPEC).

The study reached a number of conclusions, the most important of which were: the existence of a positive relationship between total oil revenues and the GDP growth rate at a significant level less than (1%), meaning that the increase in total oil revenues by (1%) will lead to a rise in the GDP growth rate by (0.086%).

The discussion committee was headed by Prof. Dr. Mufid Dhanoun Younis and with the membership of Assistant Prof. Dr. Abdul Hamid Suleiman Zahir from the University of Zakho, Assistant Professor Dr. Aws Fakhr Al-Din Ayoub, Assistant Professor Dr. Abdullah Khader Abtan and Assistant Professor Dr. Uday Salem Ali, and the membership and supervision of Prof. Dr. Saad Mahmoud Al-Kawaz.