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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Format: | Article |
Language: | English |
Published: |
Business School, Holy Spirit University of Kaslik (USEK)
2015-10-01
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Series: | Arab Economic and Business Journal |
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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. |
first_indexed | 2024-04-24T14:43:36Z |
format | Article |
id | doaj.art-285312568698499a98ae696cc7c9409c |
institution | Directory Open Access Journal |
issn | 2214-4625 |
language | English |
last_indexed | 2024-04-24T14:43:36Z |
publishDate | 2015-10-01 |
publisher | Business School, Holy Spirit University of Kaslik (USEK) |
record_format | Article |
series | Arab Economic and Business Journal |
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 |