Doing Business in the Comesa Region

The Role of Innovation and Trade Facilitation

Bibliographic Data

ID21751397
AuthorsLokman Zaibet (0000-0002-4233-0521, Sultan Qaboos University), Mazin Al Siyabi (Ministry of Agriculture and Fisheries), Houcine Boughanmi (0000-0002-9121-2273, Sultan Qaboos University), Ibtisam Al Abri (0000-0002-5219-6004, Sultan Qaboos University), Shaikha Al Akhzami (0000-0003-0204-9062, Sultan Qaboos University)
Year2022
Volume21
Issue2
Pages169-187
Publication date2022-09-09
Open AccessNo
TypeARTICLE
VenuePerspectives on Global Development and Technology (JOURNAL)
Journal identifiersISSN: 1569-1497 • E-ISSN: 1569-1500
PublisherWalter de Gruyter GmbH (PUBLISHER • DE)
DOI10.1163/15691497-12341623
OpenAlexW4297884126
LanguageEN
References cited17

Developing oil-dependent countries, like Oman, have growing potentials to broaden their export base aside from the hydrocarbon sector, thus enhancing economic growth. The article aims to identify factors to enhance Oman non-oil exports to the COMESA countries with a focus on innovations and trade facilitation. At the macro level, the article uses country trade data to explore the determinants of trade. At the firm level, the focus is on firm export behavior and innovation. Results show the key role of trade facilitation and firm-level innovations in particular at the commodity level. Innovation is significant and positive for commodities like vegetables, plastic, hides, stone, glass, and machinery. Government’s policies to boost exports and enhance economic growth should be geared to reducing market risks facing exporting firms as well as rewarding innovative companies through better innovation-targeted policies

Business · Commodity · Economics · Facilitation · International economics · International trade · Market economy · Trade barrier · Trade facilitation · Global trade and economics · International Business and FDI · Natural Resources and Economic Development

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