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Analyzing the impact of competition policy on economic prosperity in the Mena region (2013–2023)

Bibliographic Data

ID22204291
AuthorsMohammed El-Khodary (0009-0009-8893-4169, Sidi Mohamed Ben Abdellah University, corresponding author), Amine El Kadri (0009-0008-8990-4036), Soukaina Alami Harrak (0009-0004-7967-6034)
Year2025
Volume12
Pages101746
Publication date2025-01-01
Open AccessYes
TypeARTICLE
VenueSocial Sciences & Humanities Open (JOURNAL)
Journal identifiersISSN: 2590-2911 • E-ISSN: 2590-2911
PublisherElsevier BV (PUBLISHER)
DOI10.1016/j.ssaho.2025.101746
OpenAlexW4411979778
LanguageEN
References cited39

In the MENA region, where economic disparities and developmental challenges are prevalent, understanding the impact of competition policy is imperative. As these countries undergo significant economic reforms and strive for sustainable development, this study analyses the nexus between competition policy and economic prosperity in 29 countries between 2013 and 2023. Using panel models and Panel-based Feasible Generalized Least Squares (FGLS) in R, with data from the World Bank, the analysis explores how factors related to competition, such as entrepreneurship, financing, and governance, affect economic prosperity. The findings suggest that access to credit for both public and private sectors, along with increased formal training, are vital for fostering economic prosperity. However, an overabundance of new business registrations may lead to excessive competition, highlighting the need for balanced regulations. Additionally, stronger property rights, governance, and regulatory quality are positively linked to economic growth. Ultimately, promoting competition can help reduce economic inequalities and promote balanced prosperity in the MENA region by ensuring credit accessibility, improving formal training, and enhancing property rights and regulatory frameworks. This approach contributes to a more efficient economic environment, stimulates growth, and attracts investment while ensuring regulatory stability

Biology · Development economics · Economic growth · Economics · International economics · International trade · Prosperity · Economic Growth and Development · Global Trade and Competitiveness · Global trade and economics · Ecology

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