Are non-primary exports the source for further economic growth in the UAE?

Article


Kalaitzi, A.S., Kherfi, S., Alrousan, S. and Katsaiti, M.-S. 2022. Are non-primary exports the source for further economic growth in the UAE? Review of Middle East Economics and Finance . 18 (1), pp. 29-51. https://doi.org/10.1515/rmeef-2021-0015
TypeArticle
TitleAre non-primary exports the source for further economic growth in the UAE?
AuthorsKalaitzi, A.S., Kherfi, S., Alrousan, S. and Katsaiti, M.-S.
Abstract

This paper investigates whether non-primary exports directly or indirectly cause economic growth in the United Arab Emirates (UAE). This study performs the Johansen test to examine the presence of co-integration between the variables in an augmented production function. The Granger causality test is performed to investigate the short-run causality between non-primary exports and economic growth, while the long-run causality is investigated by employing the Toda and Yamamoto procedure. The empirical analysis indicates that the variables are co-integrated, and that short-run causality runs from non-primary exports to economic growth; results exhibit no evidence of direct causality from non-primary exports to economic growth in the long-run.

KeywordsEconomic growth; non-primary exports; Granger causality; UAE
Sustainable Development Goals9 Industry, innovation and infrastructure
8 Decent work and economic growth
17 Partnerships for the goals
Middlesex University ThemeSustainability
PublisherDe Gruyter
JournalReview of Middle East Economics and Finance
ISSN
Electronic1475-3693
Publication dates
Online18 May 2022
Print27 May 2022
Publication process dates
Submitted30 May 2021
Accepted05 Apr 2022
Deposited10 Jun 2025
Output statusPublished
Publisher's version
License
File Access Level
Open
Copyright Statement

© 2022 Athanasia Stylianou Kalaitzi et al., published by De Gruyter, Berlin/Boston

This work is licensed under the Creative Commons Attribution 4.0 International License.

Digital Object Identifier (DOI)https://doi.org/10.1515/rmeef-2021-0015
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