Economic Openness and Growth in MENA: Evidence from Dynamic Heterogenous Panel Models

Taha Eğri; Mehmet Çanakcı; Canan Özge Eğri

doi:https://doi.org/10.5281/zenodo.16882554

Economic Openness and Growth in MENA: Evidence from Dynamic Heterogenous Panel Models

Taha Eğri, Mehmet Çanakcı, Canan Özge Eğri

Abstract

This paper explores the impact of openness on economic growth in MENA countries using a heterogeneous panel data approach over the period 1979-2019. We have found higher domestic capital stock and school enrollments to attribute to the region’s economic growth. However, the empirical results support a weak indirect association between economic performance and openness of MENA countries using different globalization measures. Our findings support that MENA countries have limited economic growth gains from globalization.

Keywords:

Cross-country growth regression , Economic Growth , Globalization , MENA , Openness

Jel Code:

C33, F02, F43, F62

Article Details

Year: 2024

Volume: 45

Issue: 3

Pages: 199 - 224

Accepted: 30.08.2024

DOI:
https://doi.org/10.5281/zenodo.16882554

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How to Cite?

Taha Eğri, Mehmet Çanakcı, Canan Özge Eğri (2024). Economic Openness and Growth in MENA: Evidence from Dynamic Heterogenous Panel Models. Journal of Economic Cooperation and Development, 45(3), 199-224. https://doi.org/10.5281/zenodo.16882554