This study explores the impact of economic downturn in the EU-27 on Syrian trade and the sensitivity of oil and petroleum products to this downturn. This is carried out using a derivation of the gravity model to determine the export demand. Syrian export with its top 30 trading partners as well as the EU-27 are taken into consideration along with various other trade determinants when measuring the changes in total export volume. The study finds that EU-27 is an important source of demand for Syria, but a downturn in the EU economy will not necessarily have a detrimental effect on Syrian economy. On the other hand, oil plays a far more important role on the country’s exports and its demand is less sensitive to economic fluctuations.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hj-19092 |
| Date | January 2012 |
| Creators | Mahmoud, Ahmad |
| Publisher | Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Nationalekonomi |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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