The impact of fish production on marine trade balance and foreign direct investment: An empirical study of the GCC economies

This study aims to identify the impact of fish output on the marine fish trade balance, as well as foreign investment opportunities in six Gulf Cooperation Council (GCC) countries over the period of 1985–2016. We applied several panel estimation techniques, including fixed effects (FE), generalized...

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Main Authors: Alshubiri, Faris, Elheddad, Mohamed, Doytch, Nadia
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Published: Archīum Ateneo 2019
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Online Access:https://archium.ateneo.edu/asog-pubs/42
https://www.sciencedirect.com/science/article/pii/S0308597X19301320
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spelling ph-ateneo-arc.asog-pubs-10532022-04-01T08:35:51Z The impact of fish production on marine trade balance and foreign direct investment: An empirical study of the GCC economies Alshubiri, Faris Elheddad, Mohamed Doytch, Nadia This study aims to identify the impact of fish output on the marine fish trade balance, as well as foreign investment opportunities in six Gulf Cooperation Council (GCC) countries over the period of 1985–2016. We applied several panel estimation techniques, including fixed effects (FE), generalized method of moments (GMM), instrumental variable-fixed effect (IV-FE), and panel ARDL.FE model estimates show that marine fish production has a positive and significant effect on the marine trade balance, with a 1% increase in fish production leading to a more than 1%increase in the trade balance. Estimates of system GMM and IV-FE methods, which allow for the controlling of endogeneity, suggest an even larger effect. When we consider the relationship with foreign direct investment (FDI), FE, GMM and IV-FE show no significant effects. However, the ARDL model shows a statistically significant long-term relationship between fish production and both trade balance and inward foreign direct investment. 2019-08-14T07:00:00Z text https://archium.ateneo.edu/asog-pubs/42 https://www.sciencedirect.com/science/article/pii/S0308597X19301320 Ateneo School of Government Faculty Publications Archīum Ateneo Fish production Marine fish trade balance Foreign investment opportunities Marine and economic policy GCC countries Economic Policy
institution Ateneo De Manila University
building Ateneo De Manila University Library
continent Asia
country Philippines
Philippines
content_provider Ateneo De Manila University Library
collection archium.Ateneo Institutional Repository
topic Fish production
Marine
fish trade balance
Foreign investment
opportunities
Marine and economic policy
GCC countries
Economic Policy
spellingShingle Fish production
Marine
fish trade balance
Foreign investment
opportunities
Marine and economic policy
GCC countries
Economic Policy
Alshubiri, Faris
Elheddad, Mohamed
Doytch, Nadia
The impact of fish production on marine trade balance and foreign direct investment: An empirical study of the GCC economies
description This study aims to identify the impact of fish output on the marine fish trade balance, as well as foreign investment opportunities in six Gulf Cooperation Council (GCC) countries over the period of 1985–2016. We applied several panel estimation techniques, including fixed effects (FE), generalized method of moments (GMM), instrumental variable-fixed effect (IV-FE), and panel ARDL.FE model estimates show that marine fish production has a positive and significant effect on the marine trade balance, with a 1% increase in fish production leading to a more than 1%increase in the trade balance. Estimates of system GMM and IV-FE methods, which allow for the controlling of endogeneity, suggest an even larger effect. When we consider the relationship with foreign direct investment (FDI), FE, GMM and IV-FE show no significant effects. However, the ARDL model shows a statistically significant long-term relationship between fish production and both trade balance and inward foreign direct investment.
format text
author Alshubiri, Faris
Elheddad, Mohamed
Doytch, Nadia
author_facet Alshubiri, Faris
Elheddad, Mohamed
Doytch, Nadia
author_sort Alshubiri, Faris
title The impact of fish production on marine trade balance and foreign direct investment: An empirical study of the GCC economies
title_short The impact of fish production on marine trade balance and foreign direct investment: An empirical study of the GCC economies
title_full The impact of fish production on marine trade balance and foreign direct investment: An empirical study of the GCC economies
title_fullStr The impact of fish production on marine trade balance and foreign direct investment: An empirical study of the GCC economies
title_full_unstemmed The impact of fish production on marine trade balance and foreign direct investment: An empirical study of the GCC economies
title_sort impact of fish production on marine trade balance and foreign direct investment: an empirical study of the gcc economies
publisher Archīum Ateneo
publishDate 2019
url https://archium.ateneo.edu/asog-pubs/42
https://www.sciencedirect.com/science/article/pii/S0308597X19301320
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