The long run relationship between fish production, marine trade balance and foreign direct investment: an empirical study of Omani economy

Naseem H. Jamei; Mira Nurmakhanova; Shahbaz Mustafa; Alloysius Egbulonu; Wagdi Hadidan

doi:10.1108/mabr-01-2020-0008

The long run relationship between fish production, marine trade balance and foreign direct investment: an empirical study of Omani economy

Naseem H. Jamei^*
, Mira Nurmakhanova
, Shahbaz Mustafa
, Alloysius Egbulonu
, Wagdi Hadidan

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

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Abstract

Purpose

This paper aims to focus on testing the long-run relationship between fish production and two main variables, the foreign direct investment inflow and the marine trade balance in Oman, which is one of the Arab Gulf countries, during the period 1985-2016.

Design/methodology/approach

This study uses what known as the two-step Engle–Granger cointegration test to give evidence for the long-run relationship among the variables.

Findings

The results show that there are a negative long- and short-run relations between fish production and marine trade balance; moreover, any shocks will be corrected within two periods at the most.

Originality/value

This study is one of few studies in using the econometric models to study the impact of fish production on marine trade balance and foreign direct investment.

Original language	English
Pages (from-to)	271-280
Number of pages	10
Journal	Maritime Business Review
Volume	5
Issue number	3
DOIs	https://doi.org/10.1108/mabr-01-2020-0008
Publication status	Published - 23 Apr 2020
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 1 No Poverty
SDG 3 Good Health and Well-being
SDG 8 Decent Work and Economic Growth
SDG 10 Reduced Inequalities
SDG 12 Responsible Consumption and Production
SDG 14 Life Below Water

Keywords

foreign direct investment
econometrics
time series forecasting
Oman
economic growth
environment

Access to Document

10.1108/mabr-01-2020-0008

2020 03 14 Jamei et al Fish accepted - for PureAccepted author manuscript, 485 KBLicence: CC BY-NC

Cite this

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title = "The long run relationship between fish production, marine trade balance and foreign direct investment: an empirical study of Omani economy",

abstract = "Purpose This paper aims to focus on testing the long-run relationship between fish production and two main variables, the foreign direct investment inflow and the marine trade balance in Oman, which is one of the Arab Gulf countries, during the period 1985-2016.Design/methodology/approach This study uses what known as the two-step Engle–Granger cointegration test to give evidence for the long-run relationship among the variables.Findings The results show that there are a negative long- and short-run relations between fish production and marine trade balance; moreover, any shocks will be corrected within two periods at the most. Originality/value This study is one of few studies in using the econometric models to study the impact of fish production on marine trade balance and foreign direct investment.",

keywords = "foreign direct investment, econometrics, time series forecasting, Oman, economic growth, environment",

author = "Jamei, \{Naseem H.\} and Mira Nurmakhanova and Shahbaz Mustafa and Alloysius Egbulonu and Wagdi Hadidan",

year = "2020",

month = apr,

day = "23",

doi = "10.1108/mabr-01-2020-0008",

language = "English",

volume = "5",

pages = "271--280",

journal = "Maritime Business Review",

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number = "3",

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TY - JOUR

T1 - The long run relationship between fish production, marine trade balance and foreign direct investment

T2 - an empirical study of Omani economy

AU - Jamei, Naseem H.

AU - Nurmakhanova, Mira

AU - Mustafa, Shahbaz

AU - Egbulonu, Alloysius

AU - Hadidan, Wagdi

PY - 2020/4/23

Y1 - 2020/4/23

N2 - Purpose This paper aims to focus on testing the long-run relationship between fish production and two main variables, the foreign direct investment inflow and the marine trade balance in Oman, which is one of the Arab Gulf countries, during the period 1985-2016.Design/methodology/approach This study uses what known as the two-step Engle–Granger cointegration test to give evidence for the long-run relationship among the variables.Findings The results show that there are a negative long- and short-run relations between fish production and marine trade balance; moreover, any shocks will be corrected within two periods at the most. Originality/value This study is one of few studies in using the econometric models to study the impact of fish production on marine trade balance and foreign direct investment.

AB - Purpose This paper aims to focus on testing the long-run relationship between fish production and two main variables, the foreign direct investment inflow and the marine trade balance in Oman, which is one of the Arab Gulf countries, during the period 1985-2016.Design/methodology/approach This study uses what known as the two-step Engle–Granger cointegration test to give evidence for the long-run relationship among the variables.Findings The results show that there are a negative long- and short-run relations between fish production and marine trade balance; moreover, any shocks will be corrected within two periods at the most. Originality/value This study is one of few studies in using the econometric models to study the impact of fish production on marine trade balance and foreign direct investment.

KW - foreign direct investment

KW - econometrics

KW - time series forecasting

KW - Oman

KW - economic growth

KW - environment

U2 - 10.1108/mabr-01-2020-0008

DO - 10.1108/mabr-01-2020-0008

M3 - Article

SN - 2397-3757

VL - 5

SP - 271

EP - 280

JO - Maritime Business Review

JF - Maritime Business Review

IS - 3

ER -

The long run relationship between fish production, marine trade balance and foreign direct investment: an empirical study of Omani economy

Abstract

UN SDGs

Keywords

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