The Impact of Economic Policies on Economic Growth in a Group of Arabic Countries: Empirical Verification using Non-Stationary Panel Model

Slim Mahfoudh () and Mohamed Ben Amar ()
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Slim Mahfoudh: Assistant Professor in the Higher Institute of Business Administration of Sfax (Tunisia) and a member of URED
Mohamed Ben Amar: Assistant Professor in the Faculty of Economics and Management of Sfax (Tunisia) and a member of URED

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 2, 131-137

Abstract: The economic literature shows the existence of a real impact of the economic policies on economic growth. Since the 1980s, these policies in Arab countries have experienced significant reforms that sought to give them more flexibility and efficiency. This work proposes a study of the impact of monetary, fiscal and exchange rate policies on economic activity of a group of Arab countries in that to estimate a growth function on these countries using the non-stationary panel data model. From the results found, it was possible to identify the impact of the economic policies on economic activity.

Keywords: monetary policy; fiscal policy; exchange rate policy; economic growth; non-stationary panel data model. (search for similar items in EconPapers)
JEL-codes: C23 E60 O40 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:2:p:131-137

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