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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Main Authors: Shlair Abdulkhaleq, Zhiar Abdulqadir
Format: Article
Language:English
Published: Tishk International University 2017-06-01
Series:International Journal of Social Sciences & Educational Studies
Subjects:
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$, and it turned to be statistically significant in predicting levels of economic growth in Iraq.
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spelling doaj.art-d3e50b0e81c04671a8b1987e39b830e92023-11-02T06:14:51ZengTishk International UniversityInternational Journal of Social Sciences & Educational Studies2409-12942409-12942017-06-0134899710.23918/ijsses.v3i3p89The Effect of Foreign Direct Investment on Economic Growth: Evidence from IraqShlair Abdulkhaleq Zhiar AbdulqadirInflows of Foreign direct investment (FDI) have been recently perceived as an important determinant of Iraq economic growth. This paper studies the effect that the increasing levels of FDI inflows have on levels of economic growth in Iraq. An Ordinary Least Square (OLS) regression model was employed to analyze the relationship between two variables. Two regression equations were constructed. One predicted the logarithm of GDP levels measured at current prices/billions of US$ 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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