2019_Abnexus Among Capital Inflows,Trade Openness, Gross Capital Formation and Economic Growth : A Study on Jordan
| Format: | General Document |
|---|
| _version_ | 1860798018225176576 |
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| building | INTELEK Repository |
| collection | Online Access |
| collectionurl | https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection3 |
| copyright | Copyright©PWB2025 |
| country | Malaysia |
| date | 2019-09-25 |
| format | General Document |
| id | 15492 |
| institution | UniSZA |
| internalnotes | Sila masukkan subject wajib Dissertations, Academic. Terima kasih... |
| originalfilename | ABNEXUS AMONG CAPITAL INFLOWS,TRADE OPENNESS, GROSS CAPITAL FORMATION AND ECONOMIC GROWTH_ A STUDY ON JORDANU-EID IBRAHIMWatermarked.pdf |
| person | Abu-Eid Ali Ibrahim |
| recordtype | oai_dc |
| resourceurl | https://intelek.unisza.edu.my/intelek/pages/view.php?ref=15492 |
| sourcemedia | Server storage Scanned document |
| spelling | 15492 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=15492 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection3 General Document Malaysia Library Staff (Top Management) Library Staff (Management) Library Staff (Support) Terengganu Faculty of Business and Management English application/pdf 1.5 Jordan Server storage Scanned document Universiti Sultan Zainal Abidin UniSZA Private Access Universiti Sultan Zainal Abidin SAMBox 2.4.24; modified using iTextSharp™ 5.5.10 ©2000-2016 iText Group NV (AGPL-version) 264 ABNEXUS AMONG CAPITAL INFLOWS,TRADE OPENNESS, GROSS CAPITAL FORMATION AND ECONOMIC GROWTH_ A STUDY ON JORDANU-EID IBRAHIMWatermarked.pdf Capital Inflows Abnexus Trade Openness Gross Capital Formation Economic Growth Capital movements Trade liberalization Foreign direct investment Balance of payments Monetary policy 2019_Abnexus Among Capital Inflows,Trade Openness, Gross Capital Formation and Economic Growth : A Study on Jordan 2019-09-25 Copyright©PWB2025 Jordan has been depending on the foreign aid to sustain its growing programs since independence, and the aid continues to be the highest proportion in the foreign capital inflows to Jordan. Moreover, for decades, foreign aid has been employed as a solution to various socio-economic problems in Jordan. Therefore, the main objectives of this study are: l) to investigate the short run and long run impact of capital inflows, trade openness, gross capital formation and economic groMh in Jordan from 1970-2017;2) to examine the causal relationship between capital inflows, trade openness, gross capital formation and economic growth in Jordan from 1970-2017;3) to examine the impact of 2008 World financial crisis on economic growth in Jordan; 4) to identity the level of economic growth in responce to changes in capital inflows, trade openness, and gross capital lormation in Jordan. This study employed Augmented Dickey Fuller (ADF) unit root test. Philipps-Perron (PP) unit root test, Zivot-Andrew' unit root test, Autoregressive Distributive Lags (ARDL) cointegration test. Bayer-Hanck combine cointegration test Bayer-Hanck combine cointegration test, and Granger non-causality test proposes by Toda - Yamamoto (1995). The results of both ARDL cointegration and Bayer-Hanck combine cointegration test revealed that long run cointegration exists between foreign aids, loreign direct investment, gross f-rxed capital formation, trade openness and economic growth. In addition, the results of ARDL long run estimates showed that loreign aids, foreign direct investment. gross fixed capital formation, trade openness have a positive and significant effect on economic growth. However, the 2008 t'inancial crisis has significant positive ef'tect on economic growth. Besides that, the interaction term of Foreign Direct lnvestment Foreign Aids (FDIFA) have a signiticant negative effect on economic growh. Futhermore. the results of causality test indicated that there is a bidirectional causal relationship between foreign direct investment and economic growth. The results ol the causality showed unidirectional causal relationship from gross t'ixed capital tbrmation to economic growth; and from economic growth to foreign aids. Moreover. the results of impulse response and variance decomposition revealed that foreign aids and foreign direct investment are the most important variables of influencing the economy in Jordan. Proactive measures need to be established to sustain economic growth in the country through enhancing productivity level, encouraging savings culture and economizing resources to promote capital accumulation. Moreover, credit facilities need to be efficiently allocated for investment to thrive. Abu-Eid Ali Ibrahim Dissertations, Academic Sila masukkan subject wajib Dissertations, Academic. Terima kasih... Thesis |
| spellingShingle | 2019_Abnexus Among Capital Inflows,Trade Openness, Gross Capital Formation and Economic Growth : A Study on Jordan |
| state | Terengganu |
| subject | Capital movements Trade liberalization Foreign direct investment Balance of payments Monetary policy Dissertations, Academic |
| summary | Jordan has been depending on the foreign aid to sustain its growing programs since independence, and the aid continues to be the highest proportion in the foreign capital inflows to Jordan. Moreover, for decades, foreign aid has been employed as a solution to various socio-economic problems in Jordan. Therefore, the main objectives of this study are: l) to investigate the short run and long run impact of capital inflows, trade openness, gross capital formation and economic groMh in Jordan from 1970-2017;2) to examine the causal relationship between capital inflows, trade openness, gross capital formation and economic growth in Jordan from 1970-2017;3) to examine the impact of 2008 World financial crisis on economic growth in Jordan; 4) to identity the level of economic growth in responce to changes in capital inflows, trade openness, and gross capital lormation in Jordan. This study employed Augmented Dickey Fuller (ADF) unit root test. Philipps-Perron (PP) unit root test, Zivot-Andrew' unit root test, Autoregressive Distributive Lags (ARDL) cointegration test. Bayer-Hanck combine cointegration test Bayer-Hanck combine cointegration test, and Granger non-causality test proposes by Toda - Yamamoto (1995). The results of both ARDL cointegration and Bayer-Hanck combine cointegration test revealed that long run cointegration exists between foreign aids, loreign direct investment, gross f-rxed capital formation, trade openness and economic growth. In addition, the results of ARDL long run estimates showed that loreign aids, foreign direct investment. gross fixed capital formation, trade openness have a positive and significant effect on economic growth. However, the 2008 t'inancial crisis has significant positive ef'tect on economic growth. Besides that, the interaction term of Foreign Direct lnvestment Foreign Aids (FDIFA) have a signiticant negative effect on economic growh. Futhermore. the results of causality test indicated that there is a bidirectional causal relationship between foreign direct investment and economic growth. The results ol the causality showed unidirectional causal relationship from gross t'ixed capital tbrmation to economic growth; and from economic growth to foreign aids. Moreover. the results of impulse response and variance decomposition revealed that foreign aids and foreign direct investment are the most important variables of influencing the economy in Jordan. Proactive measures need to be established to sustain economic growth in the country through enhancing productivity level, encouraging savings culture and economizing resources to promote capital accumulation. Moreover, credit facilities need to be efficiently allocated for investment to thrive. |
| title | 2019_Abnexus Among Capital Inflows,Trade Openness, Gross Capital Formation and Economic Growth : A Study on Jordan |
| title_full | 2019_Abnexus Among Capital Inflows,Trade Openness, Gross Capital Formation and Economic Growth : A Study on Jordan |
| title_fullStr | 2019_Abnexus Among Capital Inflows,Trade Openness, Gross Capital Formation and Economic Growth : A Study on Jordan |
| title_full_unstemmed | 2019_Abnexus Among Capital Inflows,Trade Openness, Gross Capital Formation and Economic Growth : A Study on Jordan |
| title_short | 2019_Abnexus Among Capital Inflows,Trade Openness, Gross Capital Formation and Economic Growth : A Study on Jordan |
| title_sort | 2019_abnexus among capital inflows,trade openness, gross capital formation and economic growth : a study on jordan |