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

Athanasia Kalaitzi, Kherfi Samer, Sahel Al-Rousan and Marina-Selini Katsaiti ()
Authors registered in the RePEc Author Service: سهل الروسان

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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.

Keywords: economic growth; non-primary exports; Granger causality; UAE; Emirates Foundation - LSE Academic Collaboration with Arab Universities (search for similar items in EconPapers)
JEL-codes: J1 L81 N0 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2022-05-27
New Economics Papers: this item is included in nep-ara and nep-int
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Published in Review of Middle East Economics and Finance, 27, May, 2022, 18(1), pp. 29 - 51. ISSN: 1475-3685

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http://eprints.lse.ac.uk/114948/ Open access version. (application/pdf)

Related works:
Journal Article: Are Non-Primary Exports the Source for Further Economic Growth in the UAE? (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:114948

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