nep-ara New Economics Papers
on MENA - Middle East and North Africa
Issue of 2021‒09‒13
ten papers chosen by
Paul Makdissi
Université d’Ottawa

  1. Saudi Non-oil Exports Before and After COVID-19: Historical Impacts of Determinants and Scenario Analysis By Fakhri Hasanov; Fred Joutz; Muhammad Javid
  2. The Causality between Mortgage Credit and House Price: The Turkish Case By Belgin Akcay; Mert Akyuz; Çan Karul
  3. Exploring the Level of Managerial, Political, Academic, Economic and Social Women Empowerment in Saudi Arabia By Al-Qahtani, Maleeha Mohammed Zaaf; Alkhateeb, Tarek Tawfik Yousef; Mahmood, Haider; Abdalla, Manal Abdalla Zahed; Mawad, Ghada Shihata Ebrahim; Alkhatib, Maha Ahmed Hussein
  4. Migrant Networks and Destination Choice: Evidence from Moves across Turkish Provinces By Aydemir, Abdurrahman; Duman, Erkan
  5. Level of Education and Renewable Energy Consumption Nexus in Saudi Arabia By Mahmood, Haider
  6. Assessing the Role of Renewables in Reducing Emissions in the Saudi Power Sector Using Mixed-Integer Optimization By Amro ElShurafa; Hatem Alatawi; Salaheddine Soummane; Frank Felder
  7. Bank credit risk and performance: the case of Tunisian banks during the period 2005 – 2015 By Khalfallah, Fatma; Necib, Adel
  8. Egypt-Mercosur FTA: A Complementarity Analysis By Hebatallah Ghoneim; Rana Abdulmonem; Noha Ghazy
  9. COVID-19 Impact on Turkish Real Estate Market: Analysis of a Credit-Driven Growth Model By Kerem Yavuz Arslanli
  10. A Fuzzy Set Analysis of the Determinants of Intention to Adapt and Pro-environmental Behaviour: The case of Egypt By Sara Eldeeb; Maria do Rosario Correia; Christian Richter

  1. By: Fakhri Hasanov; Fred Joutz; Muhammad Javid (King Abdullah Petroleum Studies and Research Center)
    Abstract: This study aims to investigate the determinants of short- and long-run investment behavior in Saudi Arabia for eight non-oil sectors. Saudi Arabia is currently proceeding with its historic Vision 2030 reform plan, which aims to significantly increase the private sector’s contribution to the country’s gross domestic product. Thus, analyzing investments at the sectoral level is important for Saudi Arabia. Such an analysis can provide policymakers with a deeper understanding of potential opportunities for boosting private sector growth.
    Keywords: General equillibrium models, Hybrid model
    Date: 2021–08–24
  2. By: Belgin Akcay; Mert Akyuz; Çan Karul
    Abstract: Since housing is one of the most expensive commodities in Turkey as in many countries, credit and housing markets are closely linked. However, based on the literature review in this study there is no research on the relationship of credit with house price for Turkey. Thus, the study aims at examining whether there is a causal relationship between mortgage credit and house price in Turkey. For achieving this aim, we apply four causality tests for the period between 2010 and 2020 at monthly frequency: Granger causality tests, Toda-Yamamoto causality tests, Granger causality tests with Fourier approach, and Toda-Yamamoto causality tests with Fourier approach. The findings of the empirical analysis show that there is a strong one-way causality between house prices and mortgage credit and that the direction of the causality is from credit to house prices. The results of all the different causality tests reach to the identical results.
    Keywords: Covid-19 pandemic; House Prices; Mortgage Loan
    JEL: R3
    Date: 2021–01–01
  3. By: Al-Qahtani, Maleeha Mohammed Zaaf; Alkhateeb, Tarek Tawfik Yousef; Mahmood, Haider; Abdalla, Manal Abdalla Zahed; Mawad, Ghada Shihata Ebrahim; Alkhatib, Maha Ahmed Hussein
    Abstract: Women empowerment may be utilized for sustainable development by using hidden un-utilized potential of the country. The present research is estimated the perception-based level of managerial, academic, economic, political and social women empowerment from a well-structured questionnaire. The Cronbach Alpha test is corroborated the reliability of each item in the hypothesized women empowerment dimension. We corroborate the satisfactory level of women empowerment in all hypothesized dimensions as per perception of the respondents. The highest average score is found for social women empowerment. It means that social women empowerment played a greatest role among others to empower the Saudi women. The second rank is achieved by academic women empowerment and the third position is for economic empowerment. Thus, economic empowerment and academic empowerment are playing their significant role in empowering the Saudi women. The lowest average mean is found for political empowerment. Hence, political domain need attention to provide women rights in political participation and processes.
    Keywords: Women empowerment, Managerial, Economic, Social, Political, Academic
    JEL: I00
    Date: 2020–05–03
  4. By: Aydemir, Abdurrahman (Sabanci University); Duman, Erkan (Sabanci University)
    Abstract: This paper estimates effects of birth place migration networks and other location attributes on destination choices of internal migrants conditional on migration. We also study heterogeneity in the role of these factors for migrant types who differ by skill group, age at migration, and reason of migration. We use data on male migrants from three rounds of Turkish censuses 1985, 1990 and 2000 who choose among 67 provinces. We find that migrants are drawn to provinces with larger networks, relatively better economic conditions, and distance is a significant deterrent for migration. There are, however, significant heterogeneities across migrant types. More educated move longer distances and rely less on networks for destination choice. Importance of labor market conditions increases and the effect of distance decreases with age. Among migrants with different reason of migration, labor market conditions play a significant role only for migrants moving for employment reasons and networks matter less for this group.
    Keywords: migration, networks, destination choice, education, reason of migration, heterogeneous effects
    JEL: J61 O15 R23 Z13
    Date: 2021–08
  5. By: Mahmood, Haider
    Abstract: Purpose: A level of education may change the energy consumption habits of people. Further, economic growth may also demand cleaner energy consumption for better environmental quality. This research explores the impacts of education and economic growth on the renewable energy consumption of Saudi Arabia. Methodology: This research utilizes the unit root test of Dickey & Fuller (1981), cointegration test of Pesaran et al. (2001), and bound testing values of Kripfganz & Schneider (2020). Main Findings: Income and secondary education increase Renewable Energy Consumption (REC) in the long and short run. Primary education reduces REC in the long run, and the lag of primary education has a positive effect on REC. Implication: This research recommends to increase the level of education to promote renewable energy consumption for a cleaner environment. Novelty: Educational level and renewable energy consumption nexus have not been investigated in Saudi Arabia. Therefore, we claim an empirical contribution.
    Keywords: Level of Education, Economic Growth, Renewable Energy Consumption, Cointegration
    JEL: Q29
    Date: 2020–09–13
  6. By: Amro ElShurafa; Hatem Alatawi; Salaheddine Soummane; Frank Felder (King Abdullah Petroleum Studies and Research Center)
    Abstract: Renewable energy (RE) technologies are viewed as a critical means of reducing power sector-related emissions. Using mixed-integer optimization, we evaluate the extent to which renewable energy reduces carbon emissions in the Saudi power sector.
    Keywords: Energy Mix
    Date: 2021–06–02
  7. By: Khalfallah, Fatma; Necib, Adel
    Abstract: The main objective of this research is to study the impact of bank credit risk on performance. The empirical tests were carried out on panel data of firms belonging to the Tunisian banking sector institutions. To answer this research problem, we have analyzed in a first chapter the link between risk and financial performance. Then, based on financial theories, we formulated a set of hypotheses related to the influence of Investment, bank size, presence of women and board independence on performance. The results of the empirical tests indicate that risk has a positive effect on performance. Conversely, the empirical tests show that bank size and dual function had negative effects on performance. Finally, the results of the tests on bank risk are mixed depending on the characteristics of the board of directors.
    Keywords: ROA, ROE, Performance, Tunisian Bank, Risk, Corporate Governance
    JEL: M10
    Date: 2020–08–31
  8. By: Hebatallah Ghoneim (Faculty of Management Technology, German University in Cairo); Rana Abdulmonem (Faculty of Management Technology, German University in Cairo); Noha Ghazy (Faculty of Managemennt Technology, German University in Cairo)
    Abstract: In 2010, Egypt signed a preferential Free Trade Agreement (FTA) with the Common Market of the South (Mercosur).Correspondingly, this paper evaluates the success of this FTA by measuring the degree of complementarity between the two economies
    Keywords: Complementarity Index; Egypt; Mercosur; Preferential Free Trade Agree-ment, Tariffs, Trade
    JEL: F14 F53 O54 O55
    Date: 2021–04
  9. By: Kerem Yavuz Arslanli
    Abstract: In the first section, we investigate the outlook of the Turkish real estate market in the Pre-COVID era. The fundamentals were found to be not changing dramatically from previous studies. Cyclical credit growth patterns are detected as a matter of Government intervention to the markets. n the second part, we focus on credit expansion that led to the residential market boom. 1-year non-payment option made the mortgage market appealing. Other non-residential markets are in trouble which has ties to foreign consumption, especially the EU. In the third part of the paper, we tried to forecast how the market will perform under covid. The fast learning curve was expected to be on the side of tackle covid, but the 3rd wave becomes more severe and hits the casualties to a new high level. Office and retail are most affected and may not recover sooner than residential. Industry and logistics look very promising, but the consumption declines, and the new normal set the expenditures even low.
    Keywords: COVID19; Credit Driven Growth; Real Estate Markets; Residential
    JEL: R3
    Date: 2021–01–01
  10. By: Sara Eldeeb (Faculty of Management Technology, German University in Cairo); Maria do Rosario Correia (Faculty of Management Technology, German University in Cairo); Christian Richter (Faculty of Managemennt Technology, German University in Cairo)
    Abstract: Climate Change experienced recently wider public attention through the actions of activist groups such as extinction rebellion and the Fridays for Future movement. It seems an increasing number of people around the world is aware of climate change and its associated problems. Apart from participating in above activities, a question arises regarding what drives people to show a willingness to mitigate the effects of climate change. In this paper we investigate potential determinants for the intention to adapt to climate change and to adopt a pro-environmental behaviour. We use a Fuzzy Set qualitative comparative analysis to identify the key drivers. We find that the key drivers are awareness combined with a willingness to pay to mitigate climate change, personal responsibility and confidence in the ability to mitigate climate change. Furthermore, the key drivers for exhibiting pro-environmental behaviour are societal engagement and willingness to take action. Overall, this paper contributes to increase the understanding of key cognitive, social-psychological and behavioural factors which lead to environmental actions and provides policy-makers with a framework to support a more sustainable society.
    Keywords: Theory of Planned Behaviour, Fuzzy Set Qualitative Comparative Analysis, Climate Change, Pro-environmental intention and behaviour.
    JEL: C31 C38 C83 Q54
    Date: 2019–11

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