nep-ara New Economics Papers
on MENA - Middle East and North Africa
Issue of 2018‒08‒13
seven papers chosen by
Paul Makdissi
Université d’Ottawa

  1. Determinants of technology catch-up in MENA and SSA countries: a panel data analysis By Francisco Serranito
  2. How incentives matter ? An illustration from the Targeted Subsidies reform in Iran By Stéphane Gauthier; Taraneh Tabatabai
  3. How does democracy affect public debt? Evidence from the Arab world By Bougharriou, Nouha; Benayed, Walid; Gabsi, Foued Badr
  4. Remittances and the real effective exchange rates in MENA countries: What is the long run impact? By Mariem Brahim; Nader Nefzi; Hamed Sambo
  5. La finance entre l’éthique islamique, la réalité conventionnelle et croissance économique dans la région MENA By Mtiraoui, Abderraouf; GABSI, Feriel
  6. Promoting labour market integration of refugees with trade preferences: Beyond the EU-Jordan compact By Temprano Arroyo, Heliodoro
  7. Interaction entre le contrôle interne et le contrôle de gestion : contribution au débat à travers le cas d’un établissement public By M'Bark Ouashil

  1. By: Francisco Serranito (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)
    Abstract: This paper aims at testing the determinants of TFP in the case of a panel of African and Middle-East countries for the period 1970-2010. We get two main results. Firstly, the degree of openness of a country is the only variables that have a positive and robust effect on the TFP growth. Secondly, convergence is not an automatic phenomenon for all countries. The possibility of a convergence effect depends on the ability of countries to adopt foreign technology. The absorptive capacity depends on the stock of human capital and the degree of financial market development.
    Keywords: Technology gap, Catching-up, Dynamic Panel Data, GMM estimation, Middle-East and North Africa, Sub-Saharan African countries
    Date: 2017–06
  2. By: Stéphane Gauthier (PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Panthéon-Sorbonne - ENS Paris - École normale supérieure - Paris - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics); Taraneh Tabatabai (UP1 - Université Panthéon-Sorbonne)
    Abstract: We use the Targeted Subsidies Reform implemented in Iran in 2011 to recover empirically the social valuations of Iranian households relying on the assumption of optimal taxes. Unlike the existing literature, we do not restrict attention to a specific pattern for the incentive constraints associated with nonlinear income taxation. Instead we recover the Lagrange multipliers corresponding to these constraints. We find evidence of a significant redistribution toward the bottom three deciles of the income distribution before the reform. This redistribution is however limited by an incentive constraint where the rich envy the social treatment of the poor. At the outcome of the reform incentives no longer matter and the social welfare function of the government of Iran displays a Benthamite-like form.
    Keywords: Principal-agent,incentive constraints,Iran,Targeted Subsidies,social valuations,AIDS, D82, H21, L51
    Date: 2017–06
  3. By: Bougharriou, Nouha; Benayed, Walid; Gabsi, Foued Badr
    Abstract: This paper investigates the impact of democracy on public debt in the Arab world over the period 2002-2013. The results confirm the existence of an inverted-U relationship between democracy and public debt. This supports the hypothesis that some level of democracy is required to control public debt.
    Keywords: democracy,public debt,non-linear dynamic panel,arab world
    JEL: H60 D72
    Date: 2018
  4. By: Mariem Brahim (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique); Nader Nefzi (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique); Hamed Sambo (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)
    Abstract: The aim of this paper is to examine the effect of remittances on real effective exchange rate in MENA countries using an autoregressive distributive lag (ARDL) model and three estimators, namely the Pooled Mean Group estimator, the Mean Group estimator and the dynamics common correlated effects estimator. We use data from 9 countries of MENA region for the 1980-2015 period. On the long-run, we find that migrants' remittances towards the whole MENA countries negatively and significantly affect the real effective exchange rate. Indeed, the increase in remittances leads to a depreciation of the real exchange rate, meaning that remittances do not deteriorate the price competitiveness of the recipient countries in the long-run. Therefore, remittances do not cause the Dutch disease's risk in MENA countries.
    Keywords: Migration, Remittances, Real effective exchange rate, Dutch Disease,Monetary policy, MENA, ARDL
    Date: 2017–08
  5. By: Mtiraoui, Abderraouf; GABSI, Feriel
    Abstract: The aim of this work is to study, in the first place, the theoretical framework the relationship between Islamic finance, conventional finance and economic growth while supporting an interesting literature review dealing with this type of research area especially the use of the new financial and economic terms. Second, we reviewed the review of existing literature that highlights the nature of the relationship between financial development and economic growth while considering the role played by Islamic finance as a catalyst for economic growth in investments and public spending and makes human work more efficient (education). Finally, we empirically try to discover the impacts of Islamic finance and conventional finance on economic growth and therefore the relationship between classical financial development (M3 /GDP) and Islamic financial development (FI) on the economic growth. Our empirical validation is very diverse considering the nature of the estimation methods used namely the fixed effects method, the random effects method, the GMM method in first differences and the GMM method in system for our study area MENA for twenty successive years (1990-2009).
    Keywords: Islamic Finance, Conventional Finance, Economic Growth and Dynamic Panel Model
    JEL: G17
    Date: 2018–07–28
  6. By: Temprano Arroyo, Heliodoro
    Abstract: Trade preferences provide a potential policy tool for supporting refugee employment in countries of first asylum. Thus, in the context of the EU-Jordan Compact agreed in 2016, the EU eased the rules of origin for Jordanian exporters employing a minimum share of Syrian refugees. The use of trade preferences to encourage the labour market integration of refugees is consistent with the new, developmental approach to refugee protection advocated by the recent literature and enshrined in the Comprehensive Refugee Response Framework adopted by the UN in 2016. The paper looks at the so-far disappointing impact of the EU-Jordan agreement on rules of origin, as well as the experience with two relevant U.S. preferential programmes (the Qualified Industrial Zones initiative for Egypt and Jordan and the African Growth and Opportunity Act) that have generated substantial export growth and employment. It then discusses the conditions under which trade preferences can prove an effective instrument for refugee integration and makes some concrete policy recommendations.
    Keywords: migration,refugees,integration,trade preferences
    JEL: F13 F22
    Date: 2018
  7. By: M'Bark Ouashil (GREGO/Université Cadi Ayyad Marrakech - ENCG Marrakech)
    Abstract: Le présent article est une contribution au débat autour de la relation entre le contrôle de gestion et le contrôle interne et ce, à travers le cas d'un établissement public marocain. Il en ressort que les deux processus partagent les mêmes objectifs, notamment la maîtrise des activités de l'organisation et l'amélioration de ses performances. Cependant, l'existence des zones de recoupement ne doit pas être confondue avec les rôles de chaque processus de contrôle. En effet, il y a lieu de noter certains points de divergence entre les deux processus notamment en termes de contribution à la définition de la stratégie et la fixation des objectifs de l'organisation.
    Keywords: Contrôle de gestion, contrôle interne, établissement public, performance, étude de cas
    Date: 2017–12–20

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