How Open are Arab Economies? An Examination with the CTI Measure
Source of Publication
Topics in Middle Eastern andNorth African Economies
In empirical trade openness studies where trade openness is usually measured as (X+M)/GDP, most Arab countries, particularly larger economies, such as Algeria and Egypt, are determined to be closed to the advantages of world trade. This paper uses a new measure of trade openness, the composite trade intensity (CTI) measure, suggested by Squalli and Wilson (2006) to reconsider the question of Arab country trade openness. The paper suggests that when trade openness is measured using CTI, many Arab economies, particularly the larger ones, are not as closed to the benefits of trade as traditionally thought.
Squalli, Jay and Wilson, Kenneth, "How Open are Arab Economies? An Examination with the CTI Measure" (2007). All Works. 1879.
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