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344296

The Impact of offshoring services on the Egyptian Economy

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Last updated: 24 Dec 2024

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الأقتصاد

Abstract

This study tries to explore and examine the meaning of offshoring of services and how the imported services of offshoring will impact the Egyptian Economy, through using a literature review, and vector autoregression (VAR) model to understand the relationship between offshoring of services and the Egyptian economy using data from (1979 till 2020) the data divided to nine different variables, two of them representing the imported offshoring of services, Commercial service imports & Services imports –BoP current, and the other seven representing the Egyptian Economy, GDP current us, GDP per Capita us, GDP per Capita Growth annual, Inflation GDP Deflator, Unemployment total (ILO estimate), oil rents % of GDP, and Gross value added at Basic prices. The study of the statistical model used in this research proves that there is a strong correlation between imported offshoring of services and the Egyptian economy, specifically the economic growth. Other results of this paper show also no significant impact of imported services of offshoring on employment, inflation, or the gross value added, as a result, we can build a model to measure the effect of offshoring of services on the Egyptian Economy .

DOI

10.21608/jces.2023.344296

Keywords

offshoring of service, Egyptian Economy, imported services

Authors

First Name

Amr

Last Name

Abdelmeguid Edris Eissa

MiddleName

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Affiliation

Assistant Professor (Economics) Faculty of Management Sciences Modern Sciences and Arts University(MSA)

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First Name

Mohamed

Last Name

Abdel Mohsen Saied Abdel Mohsen

MiddleName

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Affiliation

Assistant Professor (Economics) Faculty of Commerce Suez Canal University

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Volume

14

Article Issue

4

Related Issue

45560

Issue Date

2023-10-01

Receive Date

2023-10-01

Publish Date

2023-10-30

Page Start

1

Page End

44

Print ISSN

2090-3782

Link

https://jces.journals.ekb.eg/article_344296.html

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https://jces.journals.ekb.eg/service?article_code=344296

Order

76

Type

المقالة الأصلية

Type Code

986

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات التجارية والبيئية

Publication Link

https://jces.journals.ekb.eg/

MainTitle

The Impact of offshoring services on the Egyptian Economy

Details

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Article

Created At

24 Dec 2024