The effect of the Jordanian exports to selected countries on the economic growth in Jordan

Abstract EN

The purpose of this paper is to examine the effect of Jordanian exports to a number of selected countries on the economic growth in Jordan.

The selected countries are United States, China, European Union, Arab countries, India, and Japan.

A time series analysis was performed to evaluate the effect of exports on the economic growth in Jordan.

The data was collected from the Central Bank of Jordan and the Jordanian Department of Statistics for the period of 1992 to 2017.

The unit root test was performed for each of the variables.

Then a cointegration test was performed for each of the amounts of the Jordanian exports to the selected countries with both the Jordan Real GDP per capita.

After completing these tests, a Granger Causality Test and the Dynamic Least Squares (DOLS) regression method were performed for the cointegrated variables.

The time series analysis found that exports to Arab countries had a positive effect on the GDP per capita.

Thus, the rest of the exports had no impact on the Real GDP per capita.