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Regional Economic Growth and Spatial Spillover Effects in MENA Area

Author

Listed:
  • Allah Morad Seif

    (Department of Economics, Imam Hussein Comprehensive University, Tehran, Iran.)

  • Hossein Panahi

    (Department of Economics, Tabriz University, Tabriz, Iran.)

  • Davoud Hamidi Razi

    (Department of Economics, Tabriz University, Tabriz, Iran.)

Abstract

The main objective of this study is to estimate the spatial spillover effects of the economic growth among the selected countries of MENA region. For this purpose, the Spatial Durbin Model in the framework of spatial dynamic panel data was estimated during the period of 1970-2010. The spatial Diagnostic tests affirmed the occurrence of spatial positive autocorrelation phenomenon for the real per capita income. The obtained results indicated the positive spatial spillover of the economic growth among the MENA countries and the spatial elasticity of per capita GDP was estimated 0.39 percent. Also, according to visualization results, Iran has been surrounded by countries with high per capita income; so opportunity to benefit through the creation of artificial growth poles and economic collaboration with their adjacent countries is available for Iran . Other policy implications are discussed.

Suggested Citation

  • Allah Morad Seif & Hossein Panahi & Davoud Hamidi Razi, 2017. "Regional Economic Growth and Spatial Spillover Effects in MENA Area," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 21(4), pages 765-787, Autumn.
    • Handle: RePEc:eut:journl:v:21:y:2017:i:4:p:765
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    References listed on IDEAS

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    2. Joko Susanto & Didit Welly Udjianto, 2019. "Human Capital Spillovers and Human Development Index in Yogyakarta Special Region and Central Java," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 5(2), pages 57-64, June.
    3. Rosyadi, M. Irfan & Yulyanti, Sinta, 2020. "The Effect Of Regional Spillovers On Economic Growth In Pekanbaru City, Riau Province, Indonesia," International Journal of Economics Development Research (IJEDR), Research and Intellectual Development Foundation, vol. 1(3), pages 186-199, December.
    4. Sven Fischer, 2021. "Post-Disaster Spillovers: Evidence from Iranian Provinces," JRFM, MDPI, vol. 14(5), pages 1-26, April.
    5. Aidara, Khadidiatou & Fall, Founty A. & Seck, Abdoulaye, 2019. "Is Africa an Economic Space?," Conference papers 333021, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    6. Liming Yang & Yanxia Chen & Xiuju Gao, 2023. "Spatial Spillover Effect of Digital-Finance-Driven Technology Innovation Level Based on BP Neural Network," Sustainability, MDPI, vol. 15(2), pages 1-14, January.

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