• ISSN: 2010-023X
    • Frequency: Bimonthly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Executive Editor: Ms. Cherry L. Chen
    • Abstracting/ Indexing: Engineering & Technology Digital Library, ProQuest, Crossref, Electronic Journals Library , EBSCO, and Ulrich's Periodicals Directory
    • E-mail: ijtef@ejournal.net
IJTEF 2012 Vol.3(3): 223-226 ISSN: 2010-023X DOI: 10.7763/IJTEF.2012.V3.204

Analysis of Intensity of Intra-Regional Trade in GCC Countries, 1998-2008

Ahmed Saddam Abdul Sahib and Fatimah Kari
Abstract—This paper addresses the intra-regional trade of the countries of the Gulf Cooperation Council (GCC), namely, the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. We have found that the intra-regional trade is still at a modest level, where the trade intensity index showed negative signals except the UAE, and Saudi Arabia. The study concludes that the unified economic policy of the GCC countries has not achieved its target in terms of increasing the level of intra trade which implies a high reliance on oil export revenues.

Index Terms—Economic growth, GCC, GDP, intensity trade.

A. S. A. Sahib is with Economics and Administration University of Malaya, Kuala Lumpur (email: ahmed_saddam@live.com).

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Cite:Ahmed Saddam Abdul Sahib and Fatimah Kari, "Analysis of Intensity of Intra-Regional Trade in GCC Countries, 1998-2008," International Journal of Trade, Economics and Finance vol.3, no.3, pp. 223-226, 2012.

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