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The Effect of Economic Sectors in the Palestinian Gross Domestic Product (Case Study: 1995-2014)

Author

Listed:
  • Khalid Mohammad Hasan Sweis

    (Department of Computerized Financing and Banking, The College of Business and Economics, Palestine Technical University, Kadoorie, Tulkarm, Palestine)

  • Tamer Bahjat Sabri

    (Department of Computerized Financing and Banking, The College of Business and Economics, Palestine Technical University, Kadoorie, Tulkarm, Palestine.)

  • Nasoh Lutfi Suos

    (Department of Applied Mathematics, the College of Sciences and Arts, Palestine Technical University, Kadoorie, Tulkarm, Palestine.)

Abstract

The purpose of this study was to recognize the effect of economic sectors and their impact on the Palestinian domestic product based on the data issued by the Palestinian Central Bureau of Statistics between 1995 and 2014. The researchers used the descriptive-analytical approach and stepwise multiple regression model to analyze the sectors. The study results showed that the impact factor of the services sector was (41%) being the least efficient in the Palestinian economy. This researchers called for starting more investments in the economic sectors, specially the agricultural one, as they play a vital role in gross domestic product.

Suggested Citation

  • Khalid Mohammad Hasan Sweis & Tamer Bahjat Sabri & Nasoh Lutfi Suos, 2018. "The Effect of Economic Sectors in the Palestinian Gross Domestic Product (Case Study: 1995-2014)," International Journal of Economics and Financial Issues, Econjournals, vol. 8(2), pages 54-61.
    • Handle: RePEc:eco:journ1:2018-02-8
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    References listed on IDEAS

    as
    1. Chakravarty, Sangeeta & Mitra, Arup, 2009. "Is industry still the engine of growth? An econometric study of the organized sector employment in India," Journal of Policy Modeling, Elsevier, vol. 31(1), pages 22-35.
    2. Alfaro, Laura & Chanda, Areendam & Kalemli-Ozcan, Sebnem & Sayek, Selin, 2004. "FDI and economic growth: the role of local financial markets," Journal of International Economics, Elsevier, vol. 64(1), pages 89-112, October.
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    More about this item

    Keywords

    Economic sectors; Gross Domestic Product; investment; Palestine.;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A19 - General Economics and Teaching - - General Economics - - - Other

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