Trade openness, institutions and economic growth in Mena Region : cross-country evidence over the period 1994-2018

Abstract EN

This paper aimed to investigate the effect of openness to trade on economic growth in the MENA region over the period 1994-2018.

The descriptive study interested on analyzing the performance of per capita real GDP growth, openness and institutions in the world, and focused on a comparing the situation of MENA region with other geographical regions.

The econometric study based on the use of the augmented Solow model of endogenous growth, in order to test the openness-growth relationship.

The empirical results supported the descriptive study because the estimated coefficients of the openness and institutions variables are positive and statistically significant.