2024-03-29T09:07:15Zhttps://repositori.uji.es/oai/requestoai:repositori.uji.es:10234/1747942024-02-29T08:37:32Zcom_10234_201824com_10234_9com_10234_8643col_10234_201825col_10234_8644
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dc
Martinez-Zarzoso, Inmaculada
author
Márquez-Ramos, Laura
author
2018
This paper aims to analyse whether a higher quality of economic governance rewards economic performance and facilitates the integration of the Middle East and North Africa region into the world economy. A gravity model of trade augmented with governance indicators is estimated using bilateral exports among 189 trading partners, including 19 MENA exporters, over the period from 1996 to 2013. The main results indicate that each of the six governance indicators have a positive effect on bilateral trade. However, the results for MENA exporters slightly differ. Governance in the importing countries seems to be less relevant for MENA exporters than for other exporters. The effect of country-pair similarity in governance indicators suggests that a similar level of regulatory quality and the rule of law in exporting and importing countries favours the exports of MENA countries. Similarities in voice and accountability also foster exports for the average exporter, but it does not seem relevant for MENA exporters.
MARTÍNEZ‐ZARZOSO, Inmaculada; MÁRQUEZ‐RAMOS, Laura. Exports and governance: Is the Middle East and North Africa region different?. The World Economy, 2018
0378-5920
1467-9701
http://hdl.handle.net/10234/174794
https://doi.org/10.1111/twec.12633
exports
governance
MENA
gravity model
panel data
Exports and governance: Is the Middle East and North Africa region different?