Determinants of Jordanian foreign direct investment inflows: Bounds testing approach

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 Gr...

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Bibliographic Details
Main Authors: Bekhet H.A., Al-Smadi R.W.
Other Authors: 37100908800
Format: Article
Published: Elsevier 2023
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Institution: Universiti Tenaga Nasional
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Summary: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. � 2015 Elsevier B.V..