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Volume :26 Issue : 1 1998      Add To Cart                                                                    Download

Structural Analysis and Demand Forecast for Kuwaiti Petrochemical Production

Auther : Mahdi al-salman

Analysing the structure and components of petrochemical industries is of great importance for the economics of the Oil producing countries specially Kuwait. These industries obtain many comparative advantage benefits, as a result of their high capital-labour ratio and high technical labour requirements as well as the abundant availability of the raw materials and the relative ease of attracting foreign and local capital investments in the sector. In this study, the author examines the structure and direction of the ten petrochemical industries in the state of Kuwait, as regards labour, productivity intermediate inputs and final demand; as well as its components as including consumption, income, value added, the technical coefficients and forward and backward linkages. The author uses the industrial input-output model after up eating if for the year 1994 to forecast its features regarding specific presumptions for the year 2005.


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