Academic Journal
Foreign direct investment and economic growth in Jordan: An empirical research using the bounds test for cointegration
العنوان: | Foreign direct investment and economic growth in Jordan: An empirical research using the bounds test for cointegration |
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المؤلفون: | Mohammad Salem Oudat, Ayman Abdalmajeed Alsmadi, Najed Massad Alrawashdeh |
المصدر: | Revista Finanzas y Política Económica, Vol 11, Iss 1, Pp 55-63 (2019) |
بيانات النشر: | Universidad Católica de Colombia, 2019. |
سنة النشر: | 2019 |
المجموعة: | LCC:Finance LCC:Economics as a science |
مصطلحات موضوعية: | fdi, elasticities, jordan, gop, finacial development, Finance, HG1-9999, Economics as a science, HB71-74 |
الوصف: | This paper investigates both long-run and short-run elasticities between gross domestic product and foreign direct investment (FDI) in Jordan. Annual data have been used in order to explore the relationship between foreign direct investments (FDI) with economic growth for the period 1992-2013. Data were collected for both variables (FDI and GDP) from the World Bank and World Development Indicators, and the Autoregressive Distributed Lag Model (ARDL) approach was used. The results show long-run and short-run elasticities in foreign direct investment (FDI) and GDP The results indicate that Jordanian policy makers focus their efforts to attract more FDI to Jordanian economy. This is because more FDI is expected to lead to a decrease in economic obstacles in Jordan (e.g., increased level of investment, decreased unemployment rate). |
نوع الوثيقة: | article |
وصف الملف: | electronic resource |
اللغة: | English Spanish; Castilian |
تدمد: | 2248-6046 2011-7663 |
Relation: | https://editorial.ucatolica.edu.co/index.php/RFYPE/article/view/2889; https://doaj.org/toc/2248-6046; https://doaj.org/toc/2011-7663 |
DOI: | 10.14718/revfinanzpolitecon.2019.11.1.4 |
URL الوصول: | https://doaj.org/article/7911a354da7247c1bde5cab5ce0417e9 |
رقم الانضمام: | edsdoj.7911a354da7247c1bde5cab5ce0417e9 |
قاعدة البيانات: | Directory of Open Access Journals |
تدمد: | 22486046 20117663 |
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DOI: | 10.14718/revfinanzpolitecon.2019.11.1.4 |