Paper Details
Title Analysis on the Long Run Relationship between the Economic Growth and Its Determinants of Selected North African Countries
AuthorsELMASHAT ESSADQ ALI ABUD, HUSSIN ABDULLAH and AHMAD SOBRI JAAFAR
Abstract

This paper develops and tests a panel cointegration model to examine the interaction between economic growth and its determinants of selected North African Countries. The analysis is applied to five heavily indebted North African countries-namely Algeria, Egypt, Mauritania, Morocco, and Tunisia. The results based on Pedroni cointegratioan and fully Modified OLS (FMOLS), the tests proposed by Pedroni suggest that servicing a heavy debt could have an adverse impact on economic growth and capital inflow which in turn worsens the debt problem. Key Words: Relationship, Long Run, Economic Growth and African Countries.

Pages 1026-1037
Volume 3
Issue 2
Part 3
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