Economic development and sub-regional identities

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dc.contributor.author El Khalil, Raed
dc.contributor.author Zeaiter, Hussein F.
dc.contributor.author Fakih, Khodr
dc.date.accessioned 2016-05-27T07:48:58Z
dc.date.available 2016-05-27T07:48:58Z
dc.date.copyright 2015 en_US
dc.date.issued 2016-05-27
dc.identifier.issn 0022-037X en_US
dc.identifier.uri http://hdl.handle.net/10725/3890 en_US
dc.description.abstract This study argues that the regions classified by the World Bank are not coherent in terms of economic structures. The special identities within each region dictate that the economic performance in different sub-regions should be determined independently. Embracing Barro’s (1991) regional uniqueness analysis, each region is divided according to distinctive characteristics. A fixed effects unbalanced panel model for 185 countries over the period 1970–2012 is used. The results indicate that explanatory variables responded differently in each group, which indicates the significant effect of the identities used to determine the division of the regions. Based on our findings, this study recommends that governments should act as follows: (1) adjust their policies so that the population grows according to the growth requirements, (2) rationalize the management of natural resource-revenues and establish a multi-sectored economy, and (3) enhance political rights and civil liberties in addition to fighting corruption. en_US
dc.language.iso en en_US
dc.title Economic development and sub-regional identities en_US
dc.type Article en_US
dc.description.version Published en_US
dc.author.school SOB en_US
dc.author.idnumber 201005172 en_US
dc.author.idnumber 199704790 en_US
dc.author.idnumber 200904923 en_US
dc.author.department Department of Information Technology and Operations Management (ITOM) en_US
dc.description.embargo N/A en_US
dc.relation.journal The Journal of Developing Areas en_US
dc.journal.volume 49 en_US
dc.journal.issue 1 en_US
dc.article.pages 157-176 en_US
dc.keywords Economic Development en_US
dc.keywords Population Growth en_US
dc.keywords Human Capital en_US
dc.keywords Government Expenditures en_US
dc.keywords Foreign Direct Investment en_US
dc.keywords Political Risks en_US
dc.identifier.ctation Zeaiter, H. F., El Khalil, R., & Fakih, K. (2015). Economic development and sub-regional identities. The Journal of Developing Areas, 49(1), 157-176. en_US
dc.author.email raed.elkhalil@lau.edu.lb en_US
dc.author.email hussein.zeaiter@lau.edu.lb en_US
dc.author.email khodr.fakih@lau.edu.lb en_US
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url http://muse.jhu.edu/article/558466 en_US
dc.orcid.id https://orcid.org/0000-0002-2514-1120 en_US
dc.orcid.id https://orcid.org/0000-0001-6375-8052 en_US

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