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Determinants of Intra-GCC Food Trade

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  • Simeon Kaitibie
  • Manitra A. Rakotoarisoa

Abstract

Using panel data for six Gulf Cooperation Council (GCC) countries from 1995–2014, we assess the impacts of several major economic variables on intra-GCC food exports, and on GCC food exports to the world. The GCC customs union had minimal impact on intra-GCC food exports, but occasioned a significant reduction in GCC food exports. Unlike GCC food exports, intra-GCC food exports occurred among countries with similar relative factor endowments, in agreement with the Linder Hypothesis. Rising incomes and exchange rates played significant roles in both intra-GCC food exports and GCC food exports, while distance has lost its once-dominant role.

Suggested Citation

  • Simeon Kaitibie & Manitra A. Rakotoarisoa, 2017. "Determinants of Intra-GCC Food Trade," The International Trade Journal, Taylor & Francis Journals, vol. 31(3), pages 272-293, May.
    • Handle: RePEc:taf:uitjxx:v:31:y:2017:i:3:p:272-293
    DOI: 10.1080/08853908.2017.1288182
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    1. World Bank & FAO, 2012. "The Grain Chain," World Bank Publications - Reports 23964, The World Bank Group.
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    Cited by:

    1. Charfeddine, Lanouar & Al Refai, Hisham, 2019. "Political tensions, stock market dependence and volatility spillover: Evidence from the recent intra-GCC crises," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).

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