{"title":"Does Public Investment Crowd Out Private Investment in Egypt? A sectoral-level Analysis","authors":"Ahmed Elroukh","doi":"10.34066/jodep.24.26.1.3","DOIUrl":"https://doi.org/10.34066/jodep.24.26.1.3","url":null,"abstract":"This paper examines the long run cointegrating relationship between public and private investment in Egypt at both the gross and sectoral levels, taking into account other relevant factors such as the ratio of credit to the public sector, lending interest rate, and output. To address this question, the paper specifies two models using quarterly data spanning the last two decades. The first model examines whether gross public investment crowds out gross private investment. The second model features fourteen regressions that capture the impact of public investment on private investment in different economic sectors. While the paper finds evidence in favor of the crowding-out effect at the gross level, sectoral-level analysis shows evidence of discrepancies among different sectors. That is, public investment tends to crowd in private investment in sectors such as agriculture, construction, manufacturing, natural gas, and real estate. Yet, public investment tends to crowd out private investment in other sectors such as trade, and information and communications. The findings of this paper provide useful insights to policymakers in prioritizing public investment in sectors that complement, rather than compete with, private investment.","PeriodicalId":495691,"journal":{"name":"مجلة التنمية والسياسات الاقتصادية","volume":"131 3-4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140490255","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Role of Industrial Clusters in Achieving Economic Development With Application to the Suez Canal Region","authors":"Eman Salem","doi":"10.34066/jodep.24.26.1.1","DOIUrl":"https://doi.org/10.34066/jodep.24.26.1.1","url":null,"abstract":"استهدفت الدراسة إبراز دور العناقيد الصناعية كأحد أهم مداخل تحقيق التنمية الاقتصادية؛ حَيْثُ تساهم في رفع القدرة التنافسية، وتحقيق التوازن الإقليمي المستدام، وزيادة الصادرات، وخفض معدلات الفقر، والحد من البطالة. كما هدفت إلى التعرف على مفهوم العناقيد الصناعية، وبيان دورها في تحقيق التنمية الاقتصادية والكيفية التي من خلالها يمكن استغلال إقليم قناة السويس إلى أن يصبح قطاعًا حيويًا ترتكز عليه آفاق التنمية الاقتصادية والاجتماعية. والتعرف على الدور الذي يمكن أن تقدمه العناقيد الصناعية كإضافة قوية لتعزيز وتطوير إقليم قناة السويس، ومن ثّمَّ تعزيز التنافسية بين المؤسسات الصناعية، وهذا من خلال المنهج الوصفي التحليلي.","PeriodicalId":495691,"journal":{"name":"مجلة التنمية والسياسات الاقتصادية","volume":"35 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140488492","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Trade Openness and Gender Inequality in the High Human Development Countries","authors":"Nidal AlJaidi, Fatma Alsalahi","doi":"10.34066/jodep.24.26.1.2","DOIUrl":"https://doi.org/10.34066/jodep.24.26.1.2","url":null,"abstract":"The objective of the study was to investigate the influence of trade openness on gender inequality in countries characterized by high levels of human development. The sample consisted of 39 countries during the period from 2015 to 2019. The study employed panel data analysis using the generalized least squares. The findings reveal the role of trade in promoting gender equality, as indicated by the inverse relationship between trade openness and the gender inequality index, in line with previous findings. Furthermore, the results show that the decrease in gender inequality was primarily driven by the increase in imports as a percentage of GDP. Specifically, the impact of trade openness and imports accounted for approximately 17% of the decline in the gender inequality index. The paper emphasizes the need to assess the effects of trade policy on both women and men and recommends conducting sector-specific studies and having a holistic approach that considers global value chains and finance chains in trade-related policies.","PeriodicalId":495691,"journal":{"name":"مجلة التنمية والسياسات الاقتصادية","volume":"226 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140485758","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Report Review : Arab Development Report 2023 Climate Change and Sustainable Development in the Arab States","authors":"Nawaf AbouShamala","doi":"10.34066/jodep.24.26.1.4","DOIUrl":"https://doi.org/10.34066/jodep.24.26.1.4","url":null,"abstract":"يتصدى هذا التقرير لقضية حيوية مصيرية الطابع والتي تتعلق بالتغيرات المناخية وتداعياتها على أنماط التنمية الحالية والمستقبلية في الدول العربية. وهي القضية التي لا تشغل بال الدول العربية فقط، بل إنها موضع اهتمام العالم بأسره، حيث أصبحت التغيرات المناخية وما ينجم عنها من تأثيرات تمثل مهددا حقيقيا لجهود الدول التنموية في أبعادها الاقتصادية والاجتماعية، وهذا بالنظر لما يرتبط بتلك التغيرات من تنامي ظواهر ومخاطر عديدة مثل التصحر والجفاف والعواصف والحرائق والفيضانات والسيول، وتغير معدلات ومواسم هطول الأمطار، وهي الظواهر التي تتفق جميعها في إضرارها بالأمن الاقتصادي والإنساني، ما جعلها تتصدر أجندة العمل الدولي والإقليمي، بل وتحظى باهتمام ومتابعة واسعة من قبل شرائح وفئات واسعة من المجتمعات.","PeriodicalId":495691,"journal":{"name":"مجلة التنمية والسياسات الاقتصادية","volume":"52 30","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140487229","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}