Completed Research Activities

Since its inception, ERF completed a large number of research projects. These projects vary in size, country coverage and output, reflecting the diversity of the region and gaps in research. Below is a list of these projects organized thematically: - Financial Sector - Economic Integration - Governance and Institutions - Equity, Inequality and Poverty - Labor Markets, Human Development and Demographics - Micro and Sectoral Studies - Macro Studies

Financial Sector

The Effects of Bank Regulations, Competition and Financial Reforms on MENA Banks’ Profitability Principle Investigator(s): Sami Bennacceur and Mohamed Omran Completion Date: 2008 Does Financial Market Liberalization in the MENA Region Spur Economic Development? Principle Investigator(s): Sami Bennacceur, Samir Ghazouani and Mohamed Omran Completion Date: 2005 Financial Liberalization, Financial Development and Economic Growth: Conceptual Issues and Empirical Evidence from MENA Countries Principle Investigator(s): Kabir Hassan and Abdel Hamid Bachir Completion Date: 2004 Efficiency, Foreign Bank Entry & Corporate Governance of Islamic Banks in the MENA Region Principle Investigator(s): Kabir Hassan and Faten Yousef Jabsheh Completion Date: 2004 Some Aspects of Liquidity in Islamic Banks: Case Study of Selected Banks in the MENA Region Principle Investigator(s): Badr El Din Ibrahim Completion Date: 2003 Predictive Models of Economic and Financial Crisis Principle Investigator(s): Suleyman Ozmucur, Roberto Mariano, Tayyeb Shabbir, Bulent Gultekin and Sean Campbell Completion Date: 2000 An Investigation of Risk and Return Across the MENA Stock Markets Principle Investigator(s):   Sam Hakim and Mahmoud Mohieldin Completion Date: 2000 Forecasting Asset Returns in Some MENA Countries and its Impact on Privatization Principle Investigator(s): Ahmed Abutaleb and Fatma Lajeri-Chaherli Completion Date: 2000

Economic Integration

Deeper Integration of Goods, Services, Capital and Labor Markets: A Broad research Agenda for the MENA Region Principle Investigator(s): Khalid Sekkat and Bernard Hoekman  Completion Date: 2009 Promoting Trade in Services in the MENA Region: A Pilot Project Principle Investigator(s): Raed Safadi  Completion Date: 2008 Monetary Union among the GCC Countries & the Appropriate Exchange Rate Policy and Monetary Union Coordination Principle Investigator(s): Bassem Kamar and Fatima Al Shamsi Completion Date: 2008 Gulf Monetary Union & Regional Integration Principle Investigator(s): Kabir Hassan, Ashraf Nakiballah and Rock-Anione Mehanna Completion Date: 2008 Intégration Sud-Sud et son impact sur les pays arabes du sud de la Méditerranée: le cas des pays de la déclaration d’ Agadir Principle Investigator(s): Mohamed Boussetta Completion Date: 2008 From FDI-Based Productivity to Wage Spillovers in the MENA Region: The Case of Turkey Principle Investigator(s): Mehmet Pamukcu and Erol Taymaz Completion Date: 2008 Fostering the Implementation of Trade Reforms Completion Date: 2007 The Political Economy of Trade Policy in MENA Countries: a comparative study of Morocco and Egypt Principle Investigator(s): Hanaa Kheireldin Completion Date: 2007 An Assessment of Overlapping Regional Trade Agreements in the Arab Countries Principle Investigator(s): Hanaa Kheireldin Completion Date: 2006 Migrant Remittances to the Hashemite Kingdom of Jordan Principle Investigator(s): Ghassan Omet and Ibrahim Saif Completion Date: 2005 Quantifying the Impact of Liberalization of Services and Network Industries within the Context of EU Integration in Turkey Principle Investigator(s): Subidey Togan, Erol Taymaz, Hakan Berument, and Erdem Basc Completion Date: 2004 The Determinants of Foreign Direct Investment in MENA Countries: An Extreme Bounds Analysis Principle Investigator(s): Imad Mousa  Completion Date: 2004 Estimating Political Economy Models of Trade Policy for MENA Countries Principle Investigator(s): Imad Mousa  Completion Date: 2004 Reconciling the Trade-offs between Domestic Demand and Export Market: The Case of Sudan Dryland Agriculture Principle Investigator(s): Hadi Salehi-Esfahani Completion Date: 2002 The TRIPs Agreement: Accelerating or Entrenching the Product Cycle: Evidence from the Egyptian Pharmaceutical Industry Principle Investigator(s): Azza El-Shinnawy Completion Date: 2000 Institutional Requirements of Successful Export Promotion in MENA Countries Principle Investigator(s): Hadi Salehi-Esfahani Completion Date: 2000

Governance and Institutions

Government Size, Institutions and Economic Growth in MENA Countries: Government Spending Decomposed Principle Investigator(s): Mehmet Tosun  Completion Date: 2008 Post-Privatization Corporate Governance and Firm Performance: The Role of Ownership Structure and Board Composition Principle Investigator(s): Mohamed Omran  Completion Date: 2008 Social and Economic Determinants of Turkish Voter Choice in the 2002 Parliamentary Election Principle Investigator(s): Aysit Tansel Completion Date: 2008 The Impact of Governance and Diversity on Growth in MENA: A Time-Series and Cross Country Analysis Principle Investigator(s): Sam Hakim and Manochehr Rashidain Completion Date: 2004

Equity, Inequality and Poverty

Equity and Inequality in the Arab Region Principle Investigator(s): Mustapha Nabli and Sami Bibi Completion Date: 2009 Intra-household Resource Allocation in Egypt: Women’s Empowerment and Investments in Children Principle Investigator(s): Rania Roushdy and Soiliou Daw Namoro Completion Date: 2008 Gender Differences in Unemployment Rates in the MENA Region Principle Investigator(s): Nader Kabbani and Ragui Assaad Completion Date: 2007 Poverty among Social Groups, Effects on Farming and Resources Principle Investigator(s): Raga Al Zaki, Ali M. Eissa and El Tighani Elamin Completion Date: 2007 Women and Market Work in Iran: A Cohort Approach Principle Investigator(s): Djavad Salehi-Isfahani and Marenglen Marku Completion Date: 2005 Poverty Reduction Strategies in North Africa Principle Investigator(s): Nevine El Oraby Completion Date: 2005 Trade Liberalization & Poverty in Jordan and Tunisia Principle Investigator(s): Sam Hakim and Manochehr Rashidain Completion Date: 2004 Poverty and Health in Urban Sudan Principle Investigator(s): Rania Roushdy and Mark Montgomery Completion Date: 2004 Female Labor Supply in Egypt, Iran and Turkey Principle Investigator(s): Insan Tunali, Ragui Assaad and Djavad Salehi-Isfahani Completion Date: 2002 Some Socioeconomic & Political Aspects of The Dynamics of Coping with Poverty In Rural and Urban Sudan Principle Investigator(s): Khalid El Amin Completion Date: 2002 Assessment of Living Standards in Egypt Principle Investigator(s): Heba El Laithy, Hanaa Kheir El Din, Alia El Mahdi and Mahmoud El Kordy Completion Date: 2002 Household Income Dynamics in a Climate of Rapid Growth: Denizli, Turkey Principle Investigator(s): Lisa Schwartz and Insan Tunali Completion Date: 2002 Poverty, it's Measurement & Dynamics in Iran Principle Investigator(s): Mohammad Tabibian, Amir Mehryar and Davood Souri Completion Date: 2001

Labor Markets, Human Development and Demographics

Analysis of Private Tutoring Issues in Egypt Using ELMPS 06 Competitiveness in the MENA Region Principle Investigator(s): Asmaa ElBadawi Completion Date: 2008 Taking Technical Education Seriously in MENA Principle Investigator(s): Mona Al Said and Fatma Al Hamidi Completion Date: 2008 Private Investment in Palestinian Higher Education: Potentials and Constraints Principle Investigator(s): Mahmoud Jafari Completion Date: 2008 The New Demography of MENA: Underlying Reasons & Economic Implications Principle Investigator(s): Tarik Yousef, Ali Darrat and Jennifer Olmested Completion Date: 2007 A Comparative Study of the Economic Returns to Education in Egypt, Iran, Tunisia and Turkey Principle Investigator(s): Djavad Salehi-Isfahani, Ragui Asaad and Insan Tunali Completion Date: 2007 Child Labor in the MENA Region: The Case of Egypt Principle Investigator(s): Hassan Aly Completion Date: 2007 Multi Tier Provision of Education: Efficiency, Equity Issues: A Case Study of Sudan's Basic Education System Principle Investigator(s): Ibrahim Elnur and Safaa Al Kogali Completion Date: 2007 Egypt Labor Market Panel Survey 2006 Principle Investigator(s): Ragui Assaad  Completion Date: 2006 Arab Youth Employment: Present Status and Future Horizons Principle Investigator(s): Samir Radwan Completion Date: 2006 The Incidence and Transfer of Knowledge within the Arab Societies Principle Investigator(s): Samia Satti Osman Nour Completion Date: 2005 Education, Experience and Earnings in Sudan: An Analysis Based on A Survey of Khartoum Principle Investigator(s): Kabbashi M. Suliman Completion Date: 2005 The Determinants of Unemployment Principle Investigator(s): Mongi Boughzala, Rafik Baccouche, and Fethi Sellaoui Completion Date: 2005 Migration and Mobility in the Egyptian Labor Market Principle Investigator(s): Jackline Wahba and Barry McCormick Completion Date: 2004 Private Returns to Higher Education in Sudan Principle Investigator(s): Esam M. Ismail and El Tighani Elamin Completion Date: 2004 Labor Markets and Productivity in The Process of Globalization: Firm Level Evidence from Turkey Principle Investigator(s): Sule Ozler, Kamil Yilmaz and Erol Taymaz Completion Date: 2003 Productivity Differentials, Work Effort and Technical Efficiency: an Empirical Evidence in the Tunisian Manufacturing Industries: 1983-1994 Principle Investigator(s): Mohamed Goaid, Rim Ben Ayed Mouelhi and Adel Jalila Completion Date: 2003 Fertility, Human Capital, & Economic Growth in MENA: A Multivariate Causal Perspective Principle Investigator(s): Ali Darrat and Darwish Youssef Completion Date: 2002 Egypt Labor Market survey 1998 Principle Investigator(s): Ragui Assaad Completion Date: 1998

Micro and Sectoral Studies

The Changing Economic Environment and the Development of the Micro and Small Enterprises in Egypt 2006 Principle Investigator(s): Alia Al Mahdi Completion Date: 2008 Evaluation Des Performances Des Programmes De Mise A Niveau Poursuivis Dans Les Pays Du Sud De La Méditerranée Principle Investigator(s): Sami Bennacceur Completion Date: 2008 Promoting the Competitiveness of Micro and Small Enterprises (MSEs) in the Middle East and North Africa Principle Investigator(s): Nader Fergani Completion Date: 2007 Egypt’s National Industrial Development Strategy Principle Investigator(s): Samir Radwan  Completion Date: 2007 Informality in Egypt: A Stepping Stone or a Dead End? Principal Investigator: Jackline Wahba Completion Date: 2007 Optimization of Agricultural Water Use and Trade Patterns: The Case of Iran Principle Investigator(s): Gholamreza Soltani Completion Date: 2006 Capital Structure & Real Investment Expenditure of Firms: New Evidence for Turkey Principle Investigator(s): Alpay Filiztekin and Hakan Orbay Completion Date: 2005 Turkish Manufacturing Industry in a Globalizing World: A Plant Level Analysis Principal Investigator: Sule Ozler, Erol Taymaz, Kamil Yilmaz and Ali Gunes Completion Date: 2005 Irrigation Management Focusing on Sustainability Principle Investigator(s): Gholamreza Soltani and J.Torkamani K.Khalili Completion Date: 2004 The Financial Profile of Small Firms in the Middle East Jordan - Case Study Principle Investigator(s): Sayed Abbas Ahmed Completion Date: 2002 Constructing Databank on Capital Stock and Total Factor Productivity at 4-Digit ISIC Code in Selected MENA Countries Principle Investigator(s): Hamid Mohtadi Completion Date: 2002 Economics of Waste Water Study Case: The Arab Region Principle Investigator(s): Raouf Khouzam Completion Date: 2002

Macro Studies

Monetary Policy, Inflation Control and Monetary Transmission Mechanisms Principal Investigators: Mongi Boughzala, Adel Boughrara, Hassouna Moussa, and Salih Neftci Completion Date: 2008 Explaining Growth Principal Investigator: Jeffrey Nugent  Completion Date: 2004 Business Cycles in Selected MENA Region Countries Principal Investigator: Ahmed Jalali-Naini Start Date: 2004 The Effect of Government Spending on the Economies of GCC Countries Principal Investigators: Magda Kandil and Hasan Aly Completion Date: 2002 Institutional, Budgetary Procedures & Fiscal Performance in MENA Countries Principal Investigators: Hadi Salehi-Esfahani, Mouna Cherkaoui Completion Date: 2002 L'Impact des Finance Publiques sur la Croisssance en Algerie Principal Investigator: Baraka M. Zine Completion Date: 2002 Macroeconomic Policies under Different Regime Structures: A Study of some MENA Countries Principal Investigator: A.M. Abdel Rahman Completion Date: 2002