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The recent vote by Britain to quit European Union (EU) and the political pressures in some member countries to exit EU necessitates a critical evaluation of the long-run economic benefits of economic integration or union to member countries. Consequently, this paper examines recent empirical...
Persistent link: https://www.econbiz.de/10011956363
Does dollarisation influence economic activity in Zimbabwe? The question has incited a lot of debates among researchers and analysts. In an attempt to answer this question, the study used an Auto Regressive Distributive Lag (ARDL) procedure, to investigate the effects of dollarisation on...
Persistent link: https://www.econbiz.de/10013199661
The Cooperation Council for the Arab States of the Gulf (GCC) is generally regarded as a success story for economic … integration in Arab countries. The idea of regional integration gained ground by signing the GCC Charter. It envisioned a closer … economic relationship between member states. Although economic integration among GCC member states is an ambitious step in the …
Persistent link: https://www.econbiz.de/10012116727
This research paper investigates the impact of natural resources volatility on economic growth. The paper focused on three resource-rich economies, namely, UAE, Saudi Arabia, and Oman. Using data from 1970 to 2016 and employing the autoregressive distributed lag (ARDL) cointegration approach, we...
Persistent link: https://www.econbiz.de/10012611641
Gulf Cooperation Council countries (GCC), with emphasis on both the role of exports and imports in economic growth in a … impact on economic growth. These results provide evidence that GCC countries during the period of study were largely … findings reveal that investment and energy, as conventional input factors had a significant and positive impact on the GCC …
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