Assessing the Impact of Infrastructure Index on Global Competitiveness Index and its Determinants for Arab Countries During the Period (2006 – 2016)

Abstract

This study aims to investigate the impact of infrastructure index on the global competitiveness index for sixteen Arab countries during the period 2006 – 2016 . The study estimated the impact of infrastructure index on the global competitiveness index and the determinants of infrastructure index using panel data. The results revealed empirical evidence showing the infrastructure index had a positive and significant effect on competitiveness for the entire sample. The results also showed that there was a statistically significant impact for quality of road sand quality of electricity on the infrastructure index. Based on these results, the study recommends that the Arab countries should improve infrastructure at all levels, in order to enhance their competitiveness levels and to achieve sustainable development.