Work

Economic Diversification in Bahrain

Year: 2018
Type: article
Abstract: The study aims at analyzing the effect of economic diversification on economic growth in Bahrain for the period (1980-2014). For this purpose, many indicators were developed using The Herfindahl-Hirschman index (HHI) and five variables: real GDP, exports, imports, government revenues and fixed capital formation. Results reveal a weak diversification in the Bahraini's economy besides a positive effect of diversification on the economic growth in Bahrain. In fact, no significant relationship between Herfindahl index and the growth of real GDP.Keywords: Economic Diversification, Economic Growth, Herfindahl-Hirschman index.JEL Classifications: L25, O47
Language: English
Open Access status: gold
Estimated APC paid: $300
OpenAlex ID: W2940749335
FWCI:
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Cited by: 1
Related to: 10