Intra-gulf cooperation council: Saudi arabia effect

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Abstract

The main thrust of this study is to investigate the extent to which Saudi Arabia's economic growth acts as an engine of growth for the Gulf Co-operation Council region. The estimation results of Gulf Cooperation Council for the last three decades suggest that the growth of Saudi Arabia, along with the growth of United Arab Emirates and Bahrain, is positive and statistically significant in explaining the overall growth of the Gulf Cooperation Council region. The main policy implication of these findings is that the positive intra-economic growth of these countries should serve as further motivation for the intra-regional integration of the Gulf Cooperation Council.

Original languageEnglish
Pages (from-to)532-552
Number of pages21
JournalJournal of Economic Integration
Volume30
Issue number3
DOIs
Publication statusPublished - Sep 2 2015

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Keywords

  • Economic Growth
  • Economic Integration
  • GCC

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

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