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ESCI Özgün Makale Scopus
Reviewing the Trade Openness, Domestic Investment, and Economic Growth Nexus: Contemporary Policy Implications for the MENA Region
Revista Finanzas y Política Económica 2022 Cilt 14 Sayı 2
Scopus Eşleşmesi Bulundu
13
Atıf
14
Cilt
489-512
Sayfa
🔓
Açık Erişim
Scopus Yazarları: Stephen Taiwo Onifade, Abdul Qahar Khatir, Ahmet Ay, Murat Canitez
Özet
This study researches the impact of trade openness on the economic performances of selected Middle East and North Africa (MENA) countries, while incorporating elements of domestic investments into the empirical analysis in the wake of the recent trends of trade liberalization among nations. The study is based on an empirical analysis of panel data observations from the selected countries within the framework of the Fully Modified Ordinary Least Square (FMOLS) and the Dynamic Ordinary Least Square (DOLS) regression techniques. The empirical results affirm the existence of a long-run relationship among the variables. However, while domestic investment and the size of the labor force significantly impact economic growth in a positive direction among these countries, trade openness was found to be negatively impacting economic growth for the period of the study. It is therefore recommended that cogent effort should be directed towards investments that are crucial for the improvement of labor productivity and the production value chains in the domestic economies to dissuade or minimize the rate of export of raw primary commodities. Also, adequate steps should be taken to improve the overall business environment, remove trade impediments, and strengthen institutions among the countries in the region to harness the benefits of trade in our increasingly globalized world.
Anahtar Kelimeler (Scopus)
domestic investment FMOLS & DOLS labor MENA countries trade openness

Anahtar Kelimeler

domestic investment FMOLS & DOLS labor MENA countries trade openness

Makale Bilgileri

Dergi Revista Finanzas y Política Económica
ISSN 2248-6046
Yıl 2022 / 6. ay
Cilt / Sayı 14 / 2
Sayfalar 489 – 512
Makale Türü Özgün Makale
Hakemlik Hakemli
Endeks ESCI
Yayın Dili İngilizce
Kapsam Uluslararası
Toplam Yazar 4 kişi
Erişim Türü Elektronik
Erişim Linki Makaleye Git
Alan Sosyal, Beşeri ve İdari Bilimler Temel Alanı Uluslararası İktisat

YÖKSİS Yazar Kaydı

Yazar Adı ONIFADE STEPHEN TAIWO, Khatir Abdul Qahar, AY AHMET, CANITEZ MURAT
YÖKSİS ID 6419970

Metrikler

Scopus Atıf 13
Yazar Sayısı 4