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Trade Liberalization in Arab Maghreb Union Countries

Author

Listed:
  • Hadili, Abduraawf
  • Raab, Roman
  • Wenzelburger, Jan

Abstract

This paper explores the impact of trade liberalisation on the economies of the Arab Maghreb Union (AMU). We investigate the time period from 1995 to 2009 in terms of export growth, import growth, the balance of trade, and the balance of payments. Our empirical evidence shows that trade liberalisation did not enhance export growth in AMU countries during the given period. In contrast, it had a significant positive impact on import growth. Moreover, trade liberalisation worsened the balance of trade and the balance of payments. Governance indicators turn out to be important covariates in order to achieve the intended effects of trade liberalization.

Suggested Citation

  • Hadili, Abduraawf & Raab, Roman & Wenzelburger, Jan, 2016. "Trade Liberalization in Arab Maghreb Union Countries," MPRA Paper 71123, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:71123
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

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