The effect of remittances and foreign direct investment on economic growth in Jordan

Dissertant

Theodory, Laurance

Thesis advisor

Ismail, Muhannad

Comitee Members

Suruji, Fathi
Sadiq, Tariq

University

Birzeit University

Faculty

Faculty of Business and Economics

Department

Department of Economics

University Country

Palestine (West Bank)

Degree

Master

Degree Date

2017

English Abstract

Remittances and Foreign Direct Investment (FDI) inflow into the Jordanian economy have been generally increasing throughout the past 30 years.

This study aims to examine the short and long run effects of these inflows, especially on Gross Domestic Product (GDP) growth.

The study utilizes the Autoregressive Distributed Lag (ARDL) model to analyze remittances and FDI data in Jordan for the period 1980 to 2014.

Through the Augmented Dickey- Fuller, findings showed that GDP growth is stationary at the level and at first difference, whereas remittances and FDI are stationary at first difference.

In addition, utilizing Wald Test for checking the availability of long run association, it was concluded that there is co-integration between the variables.

Moreover, results revealed that remittances have a significant positive, yet small impact in the short run and no significant effect in the long run.

Furthermore, this study also concluded that FDI affect growth negatively in the short run and positively in the long run.

Main Subjects

Economy and Commerce

No. of Pages

49

Table of Contents

Table of contents.

Abstract.

Abstract in Arabic.

Chapter One : Introduction.

Chapter Two : Theoretical background and literature review.

Chapter Three : An overview of the Jordanian economy.

Chapter Four : Methodology.

Chapter Five : Empirical results.

Chapter Six : Conclusion and recommendations.

References.

American Psychological Association (APA)

Theodory, Laurance. (2017). The effect of remittances and foreign direct investment on economic growth in Jordan. (Master's theses Theses and Dissertations Master). Birzeit University, Palestine (West Bank)
https://search.emarefa.net/detail/BIM-780061

Modern Language Association (MLA)

Theodory, Laurance. The effect of remittances and foreign direct investment on economic growth in Jordan. (Master's theses Theses and Dissertations Master). Birzeit University. (2017).
https://search.emarefa.net/detail/BIM-780061

American Medical Association (AMA)

Theodory, Laurance. (2017). The effect of remittances and foreign direct investment on economic growth in Jordan. (Master's theses Theses and Dissertations Master). Birzeit University, Palestine (West Bank)
https://search.emarefa.net/detail/BIM-780061

Language

English

Data Type

Arab Theses

Record ID

BIM-780061