Does Trade Facilitation Matter for Human Development in Lower-Middle-Income Countries?

Khaldi Khalifa, Abdelaoui Okba and Mekhzoumi Lotfi ()
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Khaldi Khalifa: University of El-Oued, Algeria.
Abdelaoui Okba: University of El-Oued, Laboratory LEPEM, Ouargla, Algeria.
Mekhzoumi Lotfi: University of El-Oued, Algeria.

Zagreb International Review of Economics and Business, 2024, vol. 27, issue 2, 199-222

Abstract: This study aims to examine the impact of trade facilitation measures on human development in lower-middle-income countries. For this purpose, we employ panel data analysis for the 2007-2019. We estimate the relationship using four models: feasible generalized least squares, incorrect generalized least squares, panel-corrected standard errors, and Driscoll-Kraay. Our findings demonstrate that trade facilitation measures, particularly those related to port infrastructure quality and maritime transport efficiency, significantly contribute to human development in lower-middle-income countries. Based on these results, we recommend that the governments of these countries should prioritize implementing these measures, particularly those that enhance the port and maritime transport sector as a promising strategy to achieve human development.

Keywords: Human Development; Trade Facilitation; Panel Data Approach; Lower-Middle-Income Countries (search for similar items in EconPapers)
JEL-codes: F13 O15 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:zirebs:v:27:y:2024:i:2:p:199-222:n:1009

DOI: 10.2478/zireb-2024-0023

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