The revival of trade in the Arab Maghreb Union (AMU)

Authors

  • Idrissi Sonia
  • Afef Tlili

DOI:

https://doi.org/10.1956/jge.v14i3.505

Keywords:

Arab Maghreb Union (AMU), Trade

Abstract

In particular, transport infrastructure can be seen as a lever for economic and social development, as it can be an important accelerator of the regional integration process in the southern Mediterranean. Several studies have shown that the improvement of infrastructure and the redevelopment of ports, airports, railways and roads have positive effects on economic growth, employment, industry and competitiveness. More importantly, improving the flow of goods and people illustrates a major indicator of regional integration. In many countries, economic recovery cannot begin without upgrades to the infrastructure. In this Communication, we have shown the important role of the transport sector and its major contribution to improving intra-AMU trade. The results show that the transport factor in the southern region is still weak and unable to advance its integration process. This weakness will encourage these countries to pursue an adequate strategy that will advance the process of regional integration and the development of production capacities and infrastructure in order to achieve the objectives of their economic growth.

References

Aschauer DA (1989): « Is Public Expenditure Productive? », Journal of Monetary Economics, vol 23, p177-200.
Barro RJ (1991): « Economic Growth in a Cross Section of Countries », The Quarterly Journal of Economics, vol 106, n°2, p 407-443.
Bergstrand JH (1985): « The gravity equation in international trade », Review of Eco-nomics and Statistics,vol 67, n°3, p 474-481.
Disdier Ac et Head K (2008): « The distance effect and the regionalization of the trade of low –income countries », CERDI, Etudes et Documents.
Esfahani H et Ramirez M T (2002): « Institutions, Infrastructure and Economic Growth », Journal of Development Economics, vol 70, p 443-447.
Evan P et Karras G (1994): « Are Government Activities Productive? Evidence from a Panel of US States », The Review of Economics and Statistics, vol.76, p 1-11.
Gil-Pareja S et Sosvilla-Rivero S (2007): « Price convergence in the European car market », Applied Economics, Taylor & Francis Journals, vol 40(2), p 241-250.
Hulten CR (1996): « Infrastructure Capital and Economic Growth: How Well You Use It May Be More Important Than How Much You Have », NBER Working Paper, n°5847.
Hummels D et Skiba A (2004): « Shipping the good apples out? An empirical confirmation of the Alchian-Allen conjuncture », NBER working paper, n° 9023.
Krugman P (1991): « Increasing Returns and Economic Geography », Journal of Political Economy, vol 99, n° 3.
Limao N et Venables AJ (2001): « Infrastructure, Geographical Disadvantage, Transport Coast and Trade », World Bank Review, vol 15, issue 3, p 451-479.
Linnemann H (1966): « An Econometric Study of International Trade Flows Amsterdam », North-Holland Publishing Co.
Zhang J, Madsen B et Jensen-Butler C (2007): « Regional Economic Impacts of Tourism: The Case of Denmark », Regional Studies, vol 41, issue 6, p 839-854.

Downloads

Published

08.11.2018

How to Cite

Sonia, I. and Tlili, A. (2018) “The revival of trade in the Arab Maghreb Union (AMU)”, Journal of Global Economy, 14(3), pp. 219–230. doi: 10.1956/jge.v14i3.505.

Issue

Section

Articles

Similar Articles

1 2 3 4 5 6 7 8 9 > >> 

You may also start an advanced similarity search for this article.