Are non-primary exports the source for further economic growth in the UAE?

Kalaitzi, Athanasia, Samer, Kherfi, Al-Rousan, Sahel and Katsaiti, Marina-Selini (2022) Are non-primary exports the source for further economic growth in the UAE? Review of Middle East Economics and Finance, 18 (1). 29 - 51. ISSN 1475-3685

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Abstract

This paper investigates whether non-primary exports directly or indirectly cause economic growth in the United Arab Emirates (UAE). This study performs the Johansen test to examine the presence of co-integration between the variables in an augmented production function. The Granger causality test is performed to investigate the short-run causality between non-primary exports and economic growth, while the long-run causality is investigated by employing the Toda and Yamamoto procedure. The empirical analysis indicates that the variables are co-integrated, and that short-run causality runs from non-primary exports to economic growth; results exhibit no evidence of direct causality from non-primary exports to economic growth in the long-run.

Item Type:	Article
Official URL:	https://www.degruyter.com/journal/key/rmeef/html
Additional Information:	© 2022 The Authors
Divisions:	Middle East Centre
Subjects:	H Social Sciences > HF Commerce H Social Sciences > HC Economic History and Conditions H Social Sciences > HB Economic Theory
Date Deposited:	25 Apr 2022 16:48
Last Modified:	16 Dec 2024 15:42
URI:	http://eprints.lse.ac.uk/id/eprint/114948

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