Does The Foreign Direct Investment Affect Economic Growth in Jordan in Light of Commercial Openness
نویسندگان
چکیده
Purpose: This paper aims to examine the effect of foreign direct investment on economic growth in Jordan light trade openness, during period from 1999 2019. Theoretical Framework: discusses how Jordan, as a developing country, has worked over years attract by creating an environment incentives, benefits, and legislation that encourages such investments; taking advantage low local labor wages, high administrative costs, great commercial openness. Design/methodology/approach: To achieve objectives study construct statistical model used analytical methodology. The following methods were applied; Hausman, Wald Test, F-Test Statistic, Granger, Multicollinearity test, Normality Lagrange Multiplier Causality Test. Findings: After conducting analysis tests, results showed statistically significant impact open growth, Moreover, findings positive degree whenever openness flow increase. Research, Practical & Social implications: independent variables measured ratio nominal GDP. variable (the openness) was expressed exports imports volume. generalized Method Moments (GMM) this study. Originality/value: In Jordan's extensive investigation looked at FDI expansion. study's are line with theoretical research other studies hold country's level is not adversely affected because investments less effective.
منابع مشابه
Foreign Direct Investment , Openness and Economic Growth :
This paper examines the relationship between foreign direct investment, openness and economic growth in Sudan during the period 1972-2011 using Granger causality and Johansen co-integration techniques to analyze the relationship and direction of causality between the variables. The study used autoregressive distributed lag (ARDL) approach to cointegration analysis proposed by Pesaran and Shin (...
متن کاملDoes Foreign Direct Investment Enhance Economic Growth: Insight from Bangladesh
This study deals with foreign direct investment and its impact on economic growth in the context of Bangladesh. The main objective of our study is to evaluate the impact of FDI on the economy of Bangladesh based on the secondary data covering year 2013-2017. This study considers FDI as a dependent variable and GDP, export and investment as independent variables and is used as the indicators of ...
متن کاملA Study on the Contribution of Foreign Direct Investment to Economic Growth in Afghanistan
Foreign Direct Investment (FDI) is frequently regarded as a key driver of global economic integration because it brings job opportunities, capital investment, and business experience. The current study examines the impact of foreign direct investment on Afghanistan's economic growth using time-series data from 2007 to 2019, which are collected from the World Bank and the International Monetary ...
متن کاملMajor Determinants of Foreign Direct Investment in the West African Economic and Monetary Region
The main concern of this paper is to answer the question of the determinants of FDI inflows to West African Economic and Monetary Union (WAEMU). The literature on FDI recognizes not only the existence of gaps between domestic savings and investment in most developing countries but also that FDI constitutes a cure capable to bring the latest technology and management know-how into these countrie...
متن کاملThe Impact of Economic Sanctions and other Factors on Attracting Foreign Direct Investment in OPEC Countries
Abstract Foreign direct investment (FDI) is considered as a one of the important channels of financing capital internationally. FDI, in addition to compensating for the lack of capital, entails the transfer of technology, the entry of expert human capital, management, and knowledge; therefore, in order to Realizing the continuous and stable economic growth is necessary to scientifically identi...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Journal of Professional Business Review
سال: 2023
ISSN: ['2525-3654']
DOI: https://doi.org/10.26668/businessreview/2023.v8i5.2088