Intra-Arab Trade: Is it too Little?
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper estimates a gravity model to address the issue of whether intra-Arab trade is too little. Although gravity models have been extensively used to measure bilateral trade among countries, they have—to the best of our knowledge—never been used to measure intra-Arab trade. Our results suggest that intra-Arab trade and Arab trade with the rest of the world are lower than what would be predicted by the gravity equation, suggesting considerable scope for regional—as well as multilateral—integration. The results also suggest that intra-GCC and intra-Maghreb trade are relatively low while the Mashreq countries exhibit a higher level of intragroup trade.
Series:
Working Paper No. 2000/010
Subject:
Econometric analysis Exports Gravity models Imports International trade Plurilateral trade Trade balance Trade barriers
English
Publication Date:
January 1, 2000
ISBN/ISSN:
9781451842685/1018-5941
Stock No:
WPIEA0102000
Pages:
20
Please address any questions about this title to publications@imf.org