The Impact of Economic Policies on Economic Growth in a Group of Arabic Countries: Empirical Verification using Non-Stationary Panel Model

The economic literature shows the existence of a real impact of the economic policies on economic growth. Since the 1980s, these policies in Arab countries have experienced significant reforms that sought to give them more flexibility and efficiency. This work proposes a study of the impact of monetary, fiscal and exchange rate policies on economic activity of a group of Arab countries in that to estimate a growth function on these countries using the non-stationary panel data model. From the results found, it was possible to identify the impact of the economic policies on economic activity.