IDEAS home Printed from https://ideas.repec.org/a/ags/aolpei/99221.html
   My bibliography  Save this article

Analysis of the Relationship between State Budget and Trade Balance of Libyan Economy (Period: 2000 – 2008)

Author

Listed:
  • Maitah, Mansoor
  • der Ali, A.

Abstract

The subject of the relationship between state budget and trade balance is important as economic subject, not only at the level of developing countries, but also at of advanced ones, too. Such importance emerged clearly when 1980s witnessed in United States of America a deficit in both state budget and trade balance, which was called at that time as the twin or dual deficit. We can say that the analysis of relationship between state budget and trade balance states the extent of mutual effect between financial and trade policies of any economy, namely; any change in the outcome of either one may affect the other in the same degree. To put in other words, the instruments of financial policy represented by total incomes and total expenditures can affect the trade balance through the movement of exports and imports and vice-versa. One tracing properties and features of Libyan economy may remark its dependence greatly on the public sector in financing developmental projects and making development generally, as well as its dependence on incomes to supply consumer and investment goods. Further, it depends in collecting its incomes of foreign currency on exports of chief source which is crude oil. So, study and analysis of relationship between state budget and trade balance of Libyan economy means to study and analyze relationship of public sector through the state budget, with the external sector expressed as the external trade through trade balance. The paper was processed within the framework of the Research Project of MSM 6046070906 "The economics of Czech agricultural resources and their effective use within the framework of multifunctional agri-food systems".

Suggested Citation

  • Maitah, Mansoor & der Ali, A., 2010. "Analysis of the Relationship between State Budget and Trade Balance of Libyan Economy (Period: 2000 – 2008)," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 2(4 Special), pages 1-15, December.
  • Handle: RePEc:ags:aolpei:99221
    DOI: 10.22004/ag.econ.99221
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/99221/files/agris_on-line_2010_4_special_maitah_der-ali_revised.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.99221?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Tarik Yousef & Mr. Hassan Al-Atrash, 2000. "Intra-Arab Trade: Is it too Little?," IMF Working Papers 2000/010, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bernard Hoekman & Patrick Messerlin, 2002. "Initial conditions and incentives for Arab economic integration : can the European Community's success be emulated?," SciencePo Working papers Main hal-03607662, HAL.
    2. Mr. Rodolphe Blavy, 2001. "Trade in the Mashreq: An Empirical Examination," IMF Working Papers 2001/163, International Monetary Fund.
    3. Irena Mikolajun & Jean-Marie Viaene, 2015. "Trade, Factor Mobility and the Extent of Economic Integration: Theory and Evidence," Tinbergen Institute Discussion Papers 15-096/VI, Tinbergen Institute.
    4. repec:spo:wpecon:info:hdl:2441/8329 is not listed on IDEAS
    5. Khalid Sekkat, 2013. "Is There Anything Special With Intra-Arab Capital Flows?," Working Papers 812, Economic Research Forum, revised Dec 2013.
    6. Abu Hatab, Assem, 2015. "The Impact of Regional Integration on Intra-Arab Trade in Agrifood Commodities: A Panel Data Approach," MPRA Paper 67991, University Library of Munich, Germany, revised 07 Jun 2015.
    7. M. Kabir Hassan, 2002. "An Empirical Investigation of Economic Cooperation among the OIC Member Countries," Working Papers 0212, Economic Research Forum, revised 18 Apr 2002.
    8. David Cobham, 2004. "Alternative currency arrangements for a new Palestinian state," Money Macro and Finance (MMF) Research Group Conference 2004 13, Money Macro and Finance Research Group.
    9. A Salim, Ruhu & Mahfuz Kabir, Mohammad, 2011. "Does More Trade Potential Remain in Arab States of the Gulf ?," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 26, pages 217-243.
    10. Van der Mensbrugghe, Dominique & Medvedev, Denis, 2010. "Climate change in Latin America: impacts and mitigation policy options," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2590, September.
    11. Ali Darrat & Fatima Al-Shamsi, 2005. "On the path of integration in the Gulf region," Applied Economics, Taylor & Francis Journals, vol. 37(9), pages 1055-1062.
    12. Ahmad A. Al-Majali & Radi M. Adayleh, 2018. "International Competitiveness in Services in Some Middle East and North Africa Countries Using Gravity Model," International Review of Management and Marketing, Econjournals, vol. 8(2), pages 53-62.
    13. Elena Ianchovichina & Maros Ivanic, 2016. "Economic Effects of the Syrian War and the Spread of the Islamic State on the Levant," The World Economy, Wiley Blackwell, vol. 39(10), pages 1584-1627, October.
    14. Irwan Shah Zainal Abidin & Nurulhuda Mohd Satar & Mohd Dan Jantan & Muhammad Haseeb, 2015. "Malaysia – OIC Imports: Patterns, Determinants, and Prospects," Journal of Sustainable Development, Canadian Center of Science and Education, vol. 8(8), pages 100-100, August.
    15. Ben Hammouda, Hakim & Oulmane, Nassim & Bchir, Hédi & Sadni Jallab, Mustapha, 2006. "The Cost of non-Maghreb: Achieving the Gains from Economic Integration," MPRA Paper 13293, University Library of Munich, Germany.
    16. repec:hal:spmain:info:hdl:2441/8329 is not listed on IDEAS
    17. repec:spo:wpmain:info:hdl:2441/8329 is not listed on IDEAS
    18. Kareem, Olayinka Idowu, 2014. "Standards and Food Exports in a South - North Trade: Evidence from the ‘Hurdles to Pass’ for High-Value Products," Conference papers 332530, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    19. Pastore Francesco & Ferragina Anna Maria & Giovannetti Giorgia, 2009. "A Tale of Parallel Integration Processes: A Gravity Analysis of EU Trade with Mediterranean and Central and Eastern European Countries," Review of Middle East Economics and Finance, De Gruyter, vol. 5(2), pages 21-44, September.
    20. Imad El-Anis, 2018. "Economic Integration and Security in the Middle East and North Africa: What Prospects for a Liberal Peace?," Journal of Developing Societies, , vol. 34(3), pages 233-263, September.
    21. Maitah, Mansoor & Salim, Nassir, 2010. "The Impact of Foreign Investments on the Achievement of Economic Growth," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 2(2), pages 1-12, June.
    22. Jeffrey B. Nugent & Abla M. Abdel-Latif, 2010. "A Quiz on the Net Benefits of Trade Creation and Trade Diversion in the QIZs of Jordan and Egypt," Working Papers 514, Economic Research Forum, revised 04 Jan 2010.
    23. Aditya Rangga Yogatama & Fithra Faisal Hastiadi, 2015. "The Role of Democracy and Governance in the Enhancement of Indonesian Exports to the Organization of the Islamic Cooperation (OIC) Countries," Working Papers in Economics and Business 201504, Faculty of Economics and Business, University of Indonesia, revised Jul 2015.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aolpei:99221. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/fevszcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.