Export and Economic Growth Nexus in the GCC Countries: A panel Data Approach
International Journal of Business and Social Research
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ISSN |
2164-2559 2164-2540 |
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dc |
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Title Statement |
Export and Economic Growth Nexus in the GCC Countries: A panel Data Approach |
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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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Uncontrolled Index Term |
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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.
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Publication, Distribution, Etc. |
LAR Center Press |
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Electronic Location and Access |
application/pdf https://thejournalofbusiness.org/index.php/site/article/view/1084 |
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Data Source Entry |
International Journal of Business and Social Research; Vol 7, No 12 (2017): December |
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Language Note |
eng |
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Terms Governing Use and Reproduction Note |
Copyright (c) 2017 hatem Hatef abdulkadhim, Sazan Taher Saeed |
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