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Export and Economic Growth Nexus in the GCC Countries: A panel Data Approach

International Journal of Business and Social Research

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Field Value
 
ISSN 2164-2559
2164-2540
 
Authentication Code dc
 
Title Statement Export and Economic Growth Nexus in the GCC Countries: A panel Data Approach
 
Added Entry - Uncontrolled Name abdulkadhim, hatem Hatef
Saeed, Sazan Taher
Cihan University, Slemani Camp
http://www.linkedin.com/in/drhatemaltaee1952
http://orcid.org/0000-0003-4155-4280
 
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Summary, etc. The export and economic growth nexus, which is called Balassa’s Export-Led Growth Hypothesis (ELGH)  in the literature, is still an unstill issue in both the theoretical and empirical literature. In the present study, the effect of export on economic growth in  oil exporting developing countries, namely, Bahrain, Saudi Arabia, Qatar,  Kuwait, UAE, and Oman in the 1990–2014 period was tested based on three models, pooled ordinary least squares (POLS), fixed effects model (FEM), and random effects model (REM)  via panel data analysis . The findings revealed strong support for the “export-led growth” hypothesis. In addition, our results show that apart from growth in the labor force, investments in capital formation are necessary for economic growth. According to the obtained results, the ability to adopt technological changes in order to increase efficiency, and sustain economic development is also important. 
 
Publication, Distribution, Etc. LAR Center Press
 
Electronic Location and Access application/pdf
https://thejournalofbusiness.org/index.php/site/article/view/1084
 
Data Source Entry International Journal of Business and Social Research; Vol 7, No 12 (2017): December
 
Language Note eng
 
Terms Governing Use and Reproduction Note Copyright (c) 2017 hatem Hatef abdulkadhim, Sazan Taher Saeed