Econometric study on the impact of the integration of the oil producing countries in the multilateral trading system (case of Saudi Arabia) "With reference to the Algerian economy

  • تراري مجاوي حسين كلّية العلوم الاقتصادية و علوم التسيير مخبر الاقتصاد الكلي التنظيمي جامعة وهران 2
  • مزوري الطيب كلّية العلوم الاقتصادية و علوم التسيير مخبر الاقتصاد الكلي التنظيمي جامعة وهران 2
Keywords: economic growth, foreign direct investment, trade openness, multilateral trading system, cointegration method, oil producing countries, Algerian economy

Abstract

This paper aimed to identify the reality of the experience of Saudi Arabia in trade liberalization through the multilateral trading system, by measuring the impact of trade openness on economic growth rates and FDI flows during 1980-2013. To achieve this objective we used the cointegration method test to reveal t long-term relationship between the trade openness and the above-mentioned economic variables. In addition, this research aims to come up with lessons to the Algerian economy as oil country on the outskirts of accession to the multilateral trading system.

Published
2017-12-12
Section
Articles