Intra-Gulf Cooperation Council: Saudi Arabia Effect

Nasser Al-Mawali ()
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Nasser Al-Mawali: Sultan Qaboos University, Postal: College of Economics and Political Science, Sultan Qaboos University, Sultanate of Oman; P.O Box 20, PC 123, Alkhod, Oman

Journal of Economic Integration, 2015, vol. 30, issue 3, 532-552

Abstract: The main thrust of this study is to investigate the extent to which Saudi Arabia’s economic growth acts as an engine of growth for the Gulf Co-operation Council region. The estimation results of Gulf Cooperation Council for the last three decades suggest that the growth of Saudi Arabia, along with the growth of United Arab Emirates and Bahrain, is positive and statistically significant in explaining the overall growth of the Gulf Cooperation Council region. The main policy implication of these findings is that the positive intra-economic growth of these countries should serve as further motivation for the intra-regional integration of the Gulf Cooperation Council.

Keywords: Economic Growth; GCC; Economic Integration (search for similar items in EconPapers)
JEL-codes: F02 F13 F42 F53 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0667

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