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Determinants of Jordanian foreign direct investment inflows: Bounds testing approach

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  • Bekhet, Hussain Ali
  • Al-Smadi, Raed Walid

Abstract

This study aims to evaluate the long-run and short-run relationships among foreign direct investment (FDI) inflows and their determinants in Jordan for the (1978–2012) period. The bounds testing approach is used to analyze the long-run and short-run relationships among the variables. However, the Granger causality test is utilized to explore the directions of causality among the variables. The results identify that there are long-run and short-run relationships among FDI and its determinants. Moreover, the Granger causality test recommends a deferent causal relationship among FDI and their determinants. In general, the Jordanian policy makers have to be aware to the importance of inward FDI in the Jordanian economy.

Suggested Citation

  • Bekhet, Hussain Ali & Al-Smadi, Raed Walid, 2015. "Determinants of Jordanian foreign direct investment inflows: Bounds testing approach," Economic Modelling, Elsevier, vol. 46(C), pages 27-35.
    • Handle: RePEc:eee:ecmode:v:46:y:2015:i:c:p:27-35
    DOI: 10.1016/j.econmod.2014.12.027
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