النمو الاقتصادي

The Productivity and Growth Assessment Framework (PGAF) is an analytical tool that provides a comprehensive assessment of the contributions of Total Factor Productivity (TFP) and the other production factors, capital and labor, to economic growth across 183 countries from 1990 to 2023. Moreover, PGAF introduces an insightful and informative description of the countries’ economic characteristics using various macroeconomic indicators.

This study aims to assess the contribution of productivity to economic growth in Arab economies and to identify the key factors influencing this contribution. The findings reveal that, despite the relative advantage Arab countries enjoyed in terms of capital accumulation and labor availability during the period 2000–2023, they were not able to utilize these inputs efficiently.

The recent upward inflation trends around the globe have raised concerns about the economic implications of such inflationary waves. In this regard, the study examines the impact of inflation rates on the long-run economic growth in Arab countries. In addition, the study uses the pooled mean group as an estimation method. Data covers 21 Arab countries for the period from 1990 to 2020 is used. The findings present evidence that inflation rates below certain threshold levels positively affect the long-run economic growth.