Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost

Time as a Barrier to International Trade and Economic Growth: The Role of Information and Communication Technology in Reducing Time Cost

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The study examines the relationship between reducing time and international trade.Primarily, through the role of information and ultra - let freedom reign communication technology, within the trade facilities, in reducing the time required for import and export, and discussing its impact on economic growth.The Two-Stages Least Squares method was used to estimate the econometric model for 16 Arab countries during the period (2005-2011).The study turbo air m3f72-3-n concluded that the information and communication technology leads to time and cost reduction, thereby increasing the value of merchandise exports and imports.In addition, there is a positive relationship between the decline in time and economic growth.