Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost

The study examines the relationship between reducing time and international trade. Primarily, through the role of information and communication technology, within the trade facilities, in reducing the time required for import and export, and discussing its impact on economic growth. The Two-Stages L...

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Main Author: Nashwa Mostafa Ali Mohamed
Format: Article
Language:English
Published: Business School, Holy Spirit University of Kaslik (USEK) 2015-10-01
Series:Arab Economic and Business Journal
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214462515000171
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author Nashwa Mostafa Ali Mohamed
author_facet Nashwa Mostafa Ali Mohamed
author_sort Nashwa Mostafa Ali Mohamed
collection DOAJ
description The study examines the relationship between reducing time and international trade. Primarily, through the role of information and communication technology, within the trade facilities, in reducing the time required for import and export, and discussing its impact on economic growth. The Two-Stages Least Squares method was used to estimate the econometric model for 16 Arab countries during the period (2005-2011). The study concluded that the information and communication technology leads to time and cost reduction, thereby increasing the value of merchandise exports and imports. In addition, there is a positive relationship between the decline in time and economic growth.
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spelling doaj.art-285312568698499a98ae696cc7c9409c2024-04-02T20:07:46ZengBusiness School, Holy Spirit University of Kaslik (USEK)Arab Economic and Business Journal2214-46252015-10-0110213915210.1016/j.aebj.2015.10.002Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time CostNashwa Mostafa Ali MohamedThe study examines the relationship between reducing time and international trade. Primarily, through the role of information and communication technology, within the trade facilities, in reducing the time required for import and export, and discussing its impact on economic growth. The Two-Stages Least Squares method was used to estimate the econometric model for 16 Arab countries during the period (2005-2011). The study concluded that the information and communication technology leads to time and cost reduction, thereby increasing the value of merchandise exports and imports. In addition, there is a positive relationship between the decline in time and economic growth.http://www.sciencedirect.com/science/article/pii/S2214462515000171Time CostInternational TradeEconomic GrowthNontariff barriersTrade FacilitiesICT
spellingShingle Nashwa Mostafa Ali Mohamed
Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost
Arab Economic and Business Journal
Time Cost
International Trade
Economic Growth
Nontariff barriers
Trade Facilities
ICT
title Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost
title_full Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost
title_fullStr Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost
title_full_unstemmed Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost
title_short Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost
title_sort time as a barrier to international trade and economic growth the role of information and communication technology in reducing time cost
topic Time Cost
International Trade
Economic Growth
Nontariff barriers
Trade Facilities
ICT
url http://www.sciencedirect.com/science/article/pii/S2214462515000171
work_keys_str_mv AT nashwamostafaalimohamed timeasabarriertointernationaltradeandeconomicgrowththeroleofinformationandcommunicationtechnologyinreducingtimecost