The Effect of Foreign Direct Investment on Economic Growth: Evidence from Iraq
Inflows of Foreign direct investment (FDI) have been recently perceived as an important determinant of Iraq economic growth. This paper studies the effect that the increasing levels of FDI inflows have on levels of economic growth in Iraq. An Ordinary Least Square (OLS) regression model was employed...
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Format: | Article |
Language: | English |
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Tishk International University
2017-06-01
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Series: | International Journal of Social Sciences & Educational Studies |
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Online Access: | http://ijsses.org/wp-content/uploads/2017/06/The-Effect-of-Foreign-Direct-Investment.pdf |
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author | Shlair Abdulkhaleq Zhiar Abdulqadir |
author_facet | Shlair Abdulkhaleq Zhiar Abdulqadir |
author_sort | Shlair Abdulkhaleq |
collection | DOAJ |
description | Inflows of Foreign direct investment (FDI) have been recently perceived as an important determinant of Iraq economic growth. This paper studies the effect that the increasing levels of FDI inflows have on levels of economic growth in Iraq. An Ordinary Least Square (OLS) regression model was employed to analyze the relationship between two variables. Two regression equations were constructed. One predicted the logarithm of GDP levels measured at current prices/billions of US$ and the other predicted levels of per capita GDP at PPP measured at current prices/billions of US$ during the period 2004-2015. In both of equations, the dependent variable was the levels of FDI as net inflows to Iraq’s balance of payment in current US$, and it turned to be statistically significant in predicting levels of economic growth in Iraq. |
first_indexed | 2024-03-11T13:57:33Z |
format | Article |
id | doaj.art-d3e50b0e81c04671a8b1987e39b830e9 |
institution | Directory Open Access Journal |
issn | 2409-1294 2409-1294 |
language | English |
last_indexed | 2024-03-11T13:57:33Z |
publishDate | 2017-06-01 |
publisher | Tishk International University |
record_format | Article |
series | International Journal of Social Sciences & Educational Studies |
spelling | doaj.art-d3e50b0e81c04671a8b1987e39b830e92023-11-02T06:14:51ZengTishk International UniversityInternational Journal of Social Sciences & Educational Studies2409-12942409-12942017-06-0134899710.23918/ijsses.v3i3p89The Effect of Foreign Direct Investment on Economic Growth: Evidence from IraqShlair Abdulkhaleq Zhiar AbdulqadirInflows of Foreign direct investment (FDI) have been recently perceived as an important determinant of Iraq economic growth. This paper studies the effect that the increasing levels of FDI inflows have on levels of economic growth in Iraq. An Ordinary Least Square (OLS) regression model was employed to analyze the relationship between two variables. Two regression equations were constructed. One predicted the logarithm of GDP levels measured at current prices/billions of US$ and the other predicted levels of per capita GDP at PPP measured at current prices/billions of US$ during the period 2004-2015. In both of equations, the dependent variable was the levels of FDI as net inflows to Iraq’s balance of payment in current US$, and it turned to be statistically significant in predicting levels of economic growth in Iraq.http://ijsses.org/wp-content/uploads/2017/06/The-Effect-of-Foreign-Direct-Investment.pdfForeign Direct InvestmentCapital InflowsEconomic GrowthOrdinary Least Square |
spellingShingle | Shlair Abdulkhaleq Zhiar Abdulqadir The Effect of Foreign Direct Investment on Economic Growth: Evidence from Iraq International Journal of Social Sciences & Educational Studies Foreign Direct Investment Capital Inflows Economic Growth Ordinary Least Square |
title | The Effect of Foreign Direct Investment on Economic Growth: Evidence from Iraq |
title_full | The Effect of Foreign Direct Investment on Economic Growth: Evidence from Iraq |
title_fullStr | The Effect of Foreign Direct Investment on Economic Growth: Evidence from Iraq |
title_full_unstemmed | The Effect of Foreign Direct Investment on Economic Growth: Evidence from Iraq |
title_short | The Effect of Foreign Direct Investment on Economic Growth: Evidence from Iraq |
title_sort | effect of foreign direct investment on economic growth evidence from iraq |
topic | Foreign Direct Investment Capital Inflows Economic Growth Ordinary Least Square |
url | http://ijsses.org/wp-content/uploads/2017/06/The-Effect-of-Foreign-Direct-Investment.pdf |
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