Analysis of the Impact of Foreign Direct Investments on Macroeconomic Indicators in Iraq for the Period (2003-2021):

	Analysis of the Impact of Foreign Direct Investments on Macroeconomic Indicators in Iraq for the Period (2003-2021): "An Econometric Study
TANMIYAT AL-RAFIDAIN
Volume 43, Issue 143, September 2024, Pages 229-253 PDF (1.34 M)
Document Type: Research Paper
DOI: 10.33899/tanra.2024.184595.1370
Author
Karwan M. S. Taha^*
Amedi Technical Institute, Duhok Polytechnic University, Duhok, Kurdistan Region, Iraq.
Abstract
This study aims to examine the influence of foreign direct investments on macroeconomic variables in Iraq from 2003 to 2021. The ARDL model employed standard analysis. The findings suggest no enduring correlation between foreign direct investment and gross domestic product, inflation rates, and gross fixed capital creation. The findings also indicated the presence of a sustained balance between foreign direct investment, unemployment, and the exchange rate, but it lacks statistical significance. The report emphasized the significance of implementing internal market changes to attract foreign direct investments.
Keywords
Foreign Direct Investment (FDI); Gross Fixed Capital Creation (GFC); Gross Domestic Product (GDP); Currency Rate; Inflation Rates

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Analysis of the Impact of Foreign Direct Investments on Macroeconomic Indicators in Iraq for the Period (2003-2021): "An Econometric Study