Economic Diversification in Bahrain

Authors

  • Rami Mohammad Abu Wadi Ahlia University - Bahrain
  • Ala' G. Bashayreh

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

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Published

2018-07-04

How to Cite

Abu Wadi, R. M., & Bashayreh, A. G. (2018). Economic Diversification in Bahrain. International Journal of Economics and Financial Issues, 8(4), 120–125. Retrieved from https://www.econjournals.com/index.php/ijefi/article/view/6603

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