Does export composition matter for economic growth in the United Arab Emirates?

Stylianou Kalaitzi, Athanasia, Samer, Kherfi, Alrousan, Sahel and Katsaiti, Marina-Selini (2022) Does export composition matter for economic growth in the United Arab Emirates? MEC Paper Series (63). LSE Middle East Centre, London, UK.

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Abstract

This paper examines the export diversification process and the causality between disaggregated manufactured exports and economic growth in the United Arab Emirates (UAE). The study develops a model whereby domestic investments, gross domestic product, as well as disaggregated manufactured exports and imports of goods and services, are considered. The results show that chemicals and related products cause short-run economic growth, while a bi-directional causality exists between machinery and transport equipment exports and economic growth both in the short and long run. Therefore, the shift to machinery and transport equipment exports contributes to long-run, sustainable economic growth in the UAE.

Item Type:	Monograph (Discussion Paper)
Official URL:	https://www.lse.ac.uk/middle-east-centre/publicati...
Additional Information:	© 2022 The Authors
Divisions:	LSE
Subjects:	H Social Sciences > HF Commerce H Social Sciences > HC Economic History and Conditions J Political Science > JQ Political institutions Asia
JEL classification:	F - International Economics > F1 - Trade > F10 - General
Date Deposited:	13 Dec 2022 09:21
Last Modified:	15 Sep 2023 23:57
URI:	http://eprints.lse.ac.uk/id/eprint/117590

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