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Journal of Economic Integration 2015 September;30(3) :532-552.
DOI: https://doi.org/10.11130/jei.2015.30.3.532
Intra-Gulf Cooperation Council
: Saudi Arabia Effect
Nasser Al-Mawali 
Sultan Qaboos University, Sultanate of Oman, Oman
Corresponding Author: Nasser Al-Mawali ,Tel: +968 24141848, Fax: +968 24414043, Email: almawali@squ.edu.om
Copyright ©2015 Journal of Economic Integration
ABSTRACT
The main thrust of this study is to investigate the extent to which Saudi Arabia’s economic growth acts as an engine of growth for the Gulf Co-operation Council region. The estimation results of Gulf Cooperation Council for the last three decades suggest that the growth of Saudi Arabia, along with the growth of United Arab Emirates and Bahrain, is positive and statistically significant in explaining the overall growth of the Gulf Cooperation Council region. The main policy implication of these findings is that the positive intra-economic growth of these countries should serve as further motivation for the intra-regional integration of the Gulf Cooperation Council.

JEL Classification
F02: International Economic Order
F13: Trade Policy; International Trade Organizations
F42: International Policy Coordination and Transmission
F53: International Agreements and Observance; International Organizations
Keywords: Economic Growth | GCC | Economic Integration
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