Exports and economic growth:some empirical evidence from the Arab Gulf countries

Yousif Khalifa Al-Yousif

Applied Economics, 1997, vol. 29, issue 6, 693-697

Abstract: This paper investigates the relationship between exports and economic growth in four of the Arab Gulf countries, namely, Saudi Arabia, Kuwait, UAE, and Oman for the period 1973-93. The estimates presented indicate a positive and significant relation between the two variables. Also, the statistical adequacy of the models used is supported by the following diagnostic tests. The Bruesch-Godfrey statistic suggests the absence of serial correlation. The Farely-Hinich test fails to reject the null hypothesis that the models are structurally stable. And both the White and Hausman specification tests show that the models are correctly specified.

Date: 1997
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DOI: 10.1080/000368497326624

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