Trade Facilitation and Economic Growth (Arab Region)

Author

College of International Transport and Logistics Arab Academy for Science, Technology and Maritime Transport Heliopolis, Cairo, Egypt,

Abstract

The paper studies trade facilitation impact on volume of international
trade and how does it affect economic growth in Arab region. The paper uses
trading across borders data from ease of doing business World Bank report as
proxy of trade facilitation. The paper studies the phenomena through
economic literature and empirical analysis using two empirical methods first
the Granger causality between trading across border which reflect the degree
of trade facilitation and international trade, the results found that trading score
Granger cause exports and Imports score in the period from 2006 to 2015 due
to data availability. Second method is panel model analysis carried to study
significance of exports and imports as explanatory variables on economic
growth which found to be positively highly significant in the period from
1990 to 2016 for 22 countries mainly in Arab region. The paper conclude that
further trade facilitation will increase economic growth which advise of
implementing Arab regional single window to integrate trade between Arab
countries for further economic growth in the region

Keywords

Files

Share

How to cite

Statistics