Testing the productivity bias hypothesis in Middle East countries
Ferda Halicioglu and
Natalya Ketenci
Journal of Economic Studies, 2018, vol. 45, issue 5, 922-931
Abstract:
Purpose - The purpose of this paper is to empirically test the validity of the productivity bias hypothesis (PBH) in 18 Middle East countries. Design/methodology/approach - The paper employs autoregressive-distributed lag approach to cointegration approach and stability tests. Findings - The empirical results suggest the existence of the PBH only in the case of Bahrain, Kuwait and Saudi Arabia. Practical implications - Conclusions drawn from this research could be useful for the policy-makers of governments and practitioners in international trade organizations. Originality/value - This study extends the existing literature by providing initial empirical time series evidence of the PBH for the entire Middle East countries.
Keywords: Cointegration; Middle East countries; Productivity bias hypothesis (search for similar items in EconPapers)
Date: 2018
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Working Paper: Testing the Productivity Bias Hypothesis in Middle East Countries (2017) 
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jespps:jes-04-2017-0104
DOI: 10.1108/JES-04-2017-0104
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