Evidence map›Paper›PMID 36687786›Full record

ArticleFinancial innovation2023

Toward a sustainable growth path in Arab economies: an extension of classical growth model.

Amjad Taha, Mucahit Aydin, Taiwo Temitope Lasisi, Festus Victor Bekun, Narayan Sethi

Open access · diamondAbstract read
In one paragraph

Article in Financial innovation, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
12.0field-weighted citation impact, top 2% of its field
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed, 21 citations in OpenAlex.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

5 authors at 5 institutions in 5 countries.

Amjad TahaDepartment of Banking and Finance, Eastern Mediterranean University, North Cyprus Via Mersin 10, Famagusta, Turkey.
Mucahit AydinDepartment of Econometrics, Faculty of Political Sciences, Sakarya University, Esentepe Campus, Serdivan, Sakarya Turkey.ORCID 0000-0002-4934-0191
Taiwo Temitope LasisiDepartment of Recreology and Tourism, Faculty of Informatics and Management, University of Hradec Králové, Hradec Kralove, Czech Republic.ORCID 0000-0003-1912-5391
Festus Victor BekunFaculty of Economics Administrative and Social Sciences, Istanbul Gelisim University, Istanbul, Turkey.ORCID 0000-0003-4948-6905
Narayan SethiDepartment of Humanities and Social Sciences, National Institute of Technology (NIT) Rourkela, Rourkela, 769008 Odisha India.ORCID 0000-0003-4298-4928
Eastern Mediterranean University · CYİstanbul Gelişim Üniversitesi · TRNational Institute of Technology Rourkela · INSakarya University · TRUniversity of Hradec Králové · CZ

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Background/Objectives: Many economies are on the trajectory of alternative growth drivers other than conventional capital and labor. Access to credit facilities is a pertinent indicator of economic growth. In line with the United Nations Sustainable Development Goals (UNSDGs-8) agenda, the national goal for sustainable development for most economies and Arab economies is no exception. Therefore, the current study adopts a traditional growth model by exploring the relationship between gross domestic product (GDP) per capita, credit for private sectors, ratio of exports, real GDP, and per labor force participants for selected Arab economies annually from 2001 to 2020. Research design: This study leverages the Fourier Kwiatkowski-Phillips-Schmidt-Shin (KPSS) unit root test and second-generation panel econometrics as estimation techniques, such as Westerlund and Edgerton panel cointegration test, and the use of two estimators, namely the augmented mean group (AMG) and common correlated error mean group (CCEMG), to obtain robust results. Findings: Empirical findings from Westerlund and Edgerton panel cointegration tests validate the long-run equilibrium relationship among the outlined variables. Further empirical results indicate that the share of exports is negatively significant with economic growth in countries such as Kuwait, Lebanon, Tunisia, and Jordan. Additionally, savings and labor force participation have a positive relationship with economic growth in individual countries such as Algeria and Bahrain. As per the panel, there is no significant relationship between labor force participation and economic growth. This indicates that the skilled labor force enhanced economic growth. Conclusions: These findings come with inherent far-reaching policy suggestions for economies and panels. Further details on country-specific policy actions are presented in the concluding section. Graphical Abstract:

Indexed as

Arab economiesClassical growth modelPanel econometricsSavings-investmentSDG

Identifiers

PMID36687786
PMCPMC9834038
OpenAlexW4315628878

What OpenQuestion holds

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LicenceCC BY
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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.