Browsing by Author "MOHAMED SALMAN Abdou, DOAA"

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    CAN MARKET CONTESTABILITY RELIEVE ECONOMIC STRESS IN ARAB SPRING COUNTRIES
    (Research Science Press, 2012-07) MOHAMED SALMAN Abdou, DOAA; Mahboub, ABDELHAMID
    This study examines the effects of overall contestability OCI on economic growth in some Arab countries. The econometric methodology follows the cross-country studies with empirical application to a panel of 4 Arab Spring countries observed over the period 1995 to 2011. Panel regressions are carried out using the fixed-effects model. The aim is to provide an empirical evidence for the driving forces of Arab Springrevolutions. The results show that overall contestability is significantly and negatively related to GDP percapita. By testing the relation between overall contestability and principal economic stress variables, inflation provided significant negative relation but unemployment did not. Adding Granger causality tests showed that: first a unidirectional relationship between GDP per capita and inflation, and second a unidirectional relation between each ofinflation and unemployment on one hand and OCI on the other hand.