Working Papers
A Spatial Analysis of Regional Economic Growth in MENA Countries
No.
1426
Publisher
ERF
Date
November, 2020
Topic
C3. Multiple or Simultaneous Equation Models
O5. Economywide Country Studies
O4. Economic Growth and Aggregate Productivity
In this paper various spatial econometric models are performed to check the existence of spatial growth spillovers across a sample study including 73 countries from MENA, Asia, and Europe over the period 1996-2014. The results indicate the occurrence of positive spatial correlation in terms of economic growth within and between the different regions included in the study. However, the findings are somewhat disappointing for the MENA region since we did not find evidence of the presence of strong connections of MENA economies with the other regions namely Asia and Europe.
Authors
Marouane Alaya
Sfax University