Template-Type: ReDIF-Article 1.0 
Author-Name: Abdella Eldarassi
Author-Name:  Kevin Sylwester
Author-Email:  ksylwest@siu.edu
Author-Workplace-Name:  School of Analytics, Finance, and Economics, Southern Illinois University - Carbondale, USA
Title: Diversification, Governance, and Macroeconomic Volatility in MENA Economies
Abstract:  This study examines the extent to which higher quality governing institutions substitute for or complement economic diversification to promote macroeconomic stability in Middle Eastern and North African (MENA) countries. In contrast to previous findings, we found that economic concentration reduces volatility. Moreover, stronger effects emerge for countries with good governance. Economic concentration lowers macroeconomic volatility, especially in countries with good governance.
Classification-JEL:  F62 ,O43 ,O53
Keywords:  Volatility, Diversification, Governance
Journal:  Asian Economics Letters
Pages: 1-4
Volume: 5
Issue: 1
Year:  2024
DOI:  2024/06/29
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/88989-diversification-governance-and-macroeconomic-volatility-in-mena-economies.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:102