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Zagreb International Review of Economics & Business, Vol. 27 No. 2, 2024.

Preliminary communication

https://doi.org/10.2478/zireb-2024-0023

Does Trade Facilitation Matter for Human Development in Lower-Middle-Income Countries?

Khalifa Khaldi orcid id orcid.org/0000-0002-3752-7178 ; University of El-Oued, Algeria
Okba Abdelaoui ; University of El-Oued, Laboratory LEPEM, Ouargla, Algeria
Lotfi Mekhzoumi ; University of El-Oued, Algeria

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Abstract

This study aims to examine the impact of trade facilitation measures on human development in lower-middle-income countries. For this purpose, we employ panel data analysis
for the 2007-2019. We estimate the relationship using four models: feasible generalized least squares, incorrect generalized least squares, panel-corrected standard errors, and Driscoll-Kraay. Our findings demonstrate that trade facilitation measures, particularly those related to port infrastructure quality and maritime transport efficiency, significantly contribute to human development in lower-middle-income countries. Based on these results, we recommend that the governments of these countries should prioritize implementing these measures, particularly those that enhance the port and maritime transport sector as a promising strategy to achieve human development.

Keywords

Human Development; Trade Facilitation; Panel Data Approach; Lower-Middle-Income Countries

Hrčak ID:

323287

URI

https://hrcak.srce.hr/323287

Publication date:

9.12.2024.

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