Intra-Arab Trade Is it too Little?

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...

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Bibliographic Details
Main Author: Yousef, Tarik
Other Authors: Al-Atrash, Hassan
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2000
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Trade: General 
653 |a Balance of trade 
653 |a Econometric analysis 
653 |a International trade 
653 |a International Trade Organizations 
653 |a Trade balance 
653 |a Trade barriers 
653 |a Imports 
653 |a Trade Policy 
653 |a Gravity models 
653 |a Commercial policy 
653 |a Exports 
653 |a Empirical Studies of Trade 
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653 |a Econometric Modeling: General 
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520 |a 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