تحديد أثر سيولة سوق الأوراق المالية على النمو الاقتصادي في الأردن: نمذجة قياسية في إطار مقاربة Ardl خلال الفترة (1990-2020)‎

Abstract EN

This paper examines, on a quantitative basis, the impact of the Amman Stock Exchange's liquidity on Jordanian economic growth within the framework of the ARDL model for the annual time series data for the period (1990-2020).

The study used three independent variables: "Trading rate and turnover" as indicators of liquidity, and the market value index as an auxiliary intermediate variable.

Economic growth is expressed as the rate of growth in GDP as a dependent variable.

summary of the contents of the article).

The study found a positive and significant effect of the trading rate on economic growth in Jordan, and a negative and significant effect of the market value index on economic growth in the long term.

The turnover index on economic growth in the long term did not prove significant.