To what extent GDP, trade and cost of transport are interdependent in GCC countries ? : unrestricted VAR approach

الملخص EN

This paper aims to analyze the interdependencies among GDP, trade, and cost of transport.

For this purpose, the study tested a 360 cointegrated stationary observation for the GCC countries over the period 2000 to 2010.

The results revealed that a high alternate adverse interdependence is only between GDP and cost of transport.

While a shock of GDP has led to a parallel impact on the level of foreign trade and vice versa, in which the economic growth is significantly contributing in the variance of trade.