Time Series Analysis among Tourism, Financial Development, FDI and Economic Growth in Jordan
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Khan, Aubhik, 2001.
"Financial Development And Economic Growth,"
Macroeconomic Dynamics, Cambridge University Press, vol. 5(3), pages 413-433, June.
- Aubhik Khan, 1999. "Financial development and economic growth," Working Papers 99-11, Federal Reserve Bank of Philadelphia.
- Philip Ifeakachukwu Nwosa & Ajibola Mary Agbeluyi & Olufemi Muibi Saibu, 2011. "Causal Relationships between Financial Development, Foreign Direct Investment and Economic Growth," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 2(4), pages 93-102, November.
- de Mello, Luiz R, Jr, 1999.
"Foreign Direct Investment-Led Growth: Evidence from Time Series and Panel Data,"
Oxford Economic Papers, Oxford University Press, vol. 51(1), pages 133-151, January.
- L.R. de Mello Jr., 1996. "Foreign Direct Investment-Led Growth: Evidence from Time Series and Panel Data," Studies in Economics 9615, School of Economics, University of Kent.
- Hamdi, Helmi & Sbia, Rashid & Shahbaz, Muhammad, 2014.
"The nexus between electricity consumption and economic growth in Bahrain,"
Economic Modelling, Elsevier, vol. 38(C), pages 227-237.
- Hamdi, Helmi & Sbia, Rashid & Shahbaz, Muhammad, 2013. "The Nexus between Electricity Consumption and Economic Growth in Bahrain," MPRA Paper 48472, University Library of Munich, Germany, revised 19 Jul 2013.
- Helmi Hamdi & Rashid Sbia & Muhammad Shahbaz, 2014. "The nexus between electricity consumption and economic growth in Bahrain," Post-Print halshs-01902777, HAL.
- Andreas G. Georgantopoulos, 2013. "Tourism Expansion and Economic Development: Var/Vecm Analysis and Forecasts for the Case of India," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(4), pages 464-482, April.
- Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
- Jacint Balaguer & Manuel Cantavella-Jorda, 2002.
"Tourism as a long-run economic growth factor: the Spanish case,"
Applied Economics, Taylor & Francis Journals, vol. 34(7), pages 877-884.
- Jacint Balaguer & Manuel Cantavella-Jordá, 2000. "Tourism As A Long-Run Economic Growth Factor: The Spanish Case," Working Papers. Serie EC 2000-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
- E. M. Ekanayake & Aubrey E. Long, 2012. "Tourism Development And Economic Growth In Developing Countries," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 6(1), pages 51-63.
- Ahmed, Elsadig Musa, 2012. "Are the FDI inflow spillover effects on Malaysia's economic growth input driven?," Economic Modelling, Elsevier, vol. 29(4), pages 1498-1504.
- M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
- Hassan, M. Kabir & Sanchez, Benito & Yu, Jung-Suk, 2011.
"Financial development and economic growth: New evidence from panel data,"
The Quarterly Review of Economics and Finance, Elsevier, vol. 51(1), pages 88-104, February.
- M. Kabir Hassan & Jung Suk-Yu, 2007. "Financial Development and Economic Growth: New Evidence from Panel Data," NFI Working Papers 2007-WP-10, Indiana State University, Scott College of Business, Networks Financial Institute.
- Granger, C. W. J., 1981. "Some properties of time series data and their use in econometric model specification," Journal of Econometrics, Elsevier, vol. 16(1), pages 121-130, May.
- Hasan Murat Ertugrul & Fatih Mangir, 2015.
"The tourism-led growth hypothesis: empirical evidence from Turkey,"
Current Issues in Tourism, Taylor & Francis Journals, vol. 18(7), pages 633-646, July.
- Ertugrul, Hasan Murat & Mangir, Fatih, 2012. "The tourism-led growth hypothesis: empirical evidence from Turkey," MPRA Paper 96419, University Library of Munich, Germany.
- Phillips, P C B, 1987.
"Time Series Regression with a Unit Root,"
Econometrica, Econometric Society, vol. 55(2), pages 277-301, March.
- Phillips, P.C.B., 1986. "Testing for a Unit Root in Time Series Regression," Cahiers de recherche 8633, Universite de Montreal, Departement de sciences economiques.
- Peter C.B. Phillips & Pierre Perron, 1986. "Testing for a Unit Root in Time Series Regression," Cowles Foundation Discussion Papers 795R, Cowles Foundation for Research in Economics, Yale University, revised Sep 1987.
- Tom Doan, "undated". "PPUNIT: RATS procedure to perform Phillips-Perron Unit Root test," Statistical Software Components RTS00160, Boston College Department of Economics.
- Hussain Ali Bekhet & Tahira Yasmin & Raed Walid Al-Smadi, 2017. "Dynamic linkages among financial development, economic growth, energy consumption, CO 2 emissions and gross fixed capital formation patterns in Malaysia," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 18(4), pages 493-523.
- Çağatay Başarir & Yasin Nuri Çakir, 2015. "Causal Interactions Between Co2 Emissions, Financial Development, Energy and Tourism," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(11), pages 1227-1238, November.
- Hussain Ali Bekhet & Raed Walid Al-Smadi, 2017. "Exploring the long-run and short-run elasticities between FDI inflow and its determinants in Jordan," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 18(3), pages 337-362.
- Engle, Robert & Granger, Clive, 2015.
"Co-integration and error correction: Representation, estimation, and testing,"
Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
- Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, vol. 55(2), pages 251-276, March.
- Al-mulali, Usama, 2012. "Factors affecting CO2 emission in the Middle East: A panel data analysis," Energy, Elsevier, vol. 44(1), pages 564-569.
- Bekhet, Hussain Ali & Matar, Ali, 2013. "Co-integration and causality analysis between stock market prices and their determinates in Jordan," Economic Modelling, Elsevier, vol. 35(C), pages 508-514.
- Shady Kholdy & Ahmad Sohrabian, 2008. "Foreign direct investment, financial markets, and political corruption," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 35(6), pages 486-500, October.
- Hussain Ali Bekhet & Raed Walid Al-Smadi, 2016. "The dynamic causality between FDI inflow and its determinants in Jordan," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 11(1), pages 26-47.
- Menyah, Kojo & Nazlioglu, Saban & Wolde-Rufael, Yemane, 2014. "Financial development, trade openness and economic growth in African countries: New insights from a panel causality approach," Economic Modelling, Elsevier, vol. 37(C), pages 386-394.
- Çağatay Başarir & Yasin Nuri Çakir, 2015. "Causal Interactions Between CO2 Emissions, Financial Development, Energy and Tourism," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(11), pages 1227-1238.
- Bekhet, Hussain Ali & Al-Smadi, Raed Walid, 2015. "Determinants of Jordanian foreign direct investment inflows: Bounds testing approach," Economic Modelling, Elsevier, vol. 46(C), pages 27-35.
- Ngoasong, Michael Z. & Kimbu, Albert N., 2016. "Informal microfinance institutions and development-led tourism entrepreneurship," Tourism Management, Elsevier, vol. 52(C), pages 430-439.
- Khan, Muhammad Azhar & Khan, Muhammad Zahir & Zaman, Khalid & Irfan, Danish & Khatab, Humera, 2014. "Questing the three key growth determinants: Energy consumption, foreign direct investment and financial development in South Asia," Renewable Energy, Elsevier, vol. 68(C), pages 203-215.
- Hussain Ali Bekhet & Raed Walid Al-Smadi, 2014. "Determining the causality relationships among FDI determinants: evidence from Jordan," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 6(3), pages 261-274.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Mohammad Motasem ALrfai & Danilah Binti Salleh & Waeibrorheem Waemustafa, 2022. "Empirical Examination of Credit Risk Determinant of Commercial Banks in Jordan," Risks, MDPI, vol. 10(4), pages 1-11, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Hussain Ali Bekhet & Raed Walid Al-Smadi, 2016. "The dynamic causality between FDI inflow and its determinants in Jordan," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 11(1), pages 26-47.
- Muhammad Shahbaz & Ramzi Benkraiem & Anthony Miloudi & Aviral Kumar Tiwari, 2019.
"Tourism-induced financial development in Malaysia: New evidence from the tourism development index,"
Tourism Economics, , vol. 25(5), pages 757-778, August.
- Shahbaz Muhammad & Ramzi Benkraiem & Anthony Miloudi & Aviral Kumar Tiwari, 2019. "Tourism-induced financial development in Malaysia: New evidence from the tourism development index," Post-Print hal-02182288, HAL.
- Hussain Ali Bekhet & Nor Salwati Othman & Tahira Yasmin, 2020. "Interaction Between Environmental Kuznet Curve and Urban Environment Transition Hypotheses in Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 384-402.
- Bekhet, Hussain Ali & Al-Smadi, Raed Walid, 2015. "Determinants of Jordanian foreign direct investment inflows: Bounds testing approach," Economic Modelling, Elsevier, vol. 46(C), pages 27-35.
- Bekhet, Hussain Ali & Othman, Nor Salwati, 2018. "The role of renewable energy to validate dynamic interaction between CO2 emissions and GDP toward sustainable development in Malaysia," Energy Economics, Elsevier, vol. 72(C), pages 47-61.
- Bekhet, Hussain Ali & Latif, Nurul Wahilah Abdul, 2018. "The impact of technological innovation and governance institution quality on Malaysia's sustainable growth: Evidence from a dynamic relationship," Technology in Society, Elsevier, vol. 54(C), pages 27-40.
- Isabel Cortés-Jiménez & Manuel ArtÃs, 2005.
"The role of the tourism sector in economic development - Lessons from the Spanish experience,"
ERSA conference papers
ersa05p488, European Regional Science Association.
- Isabel Cortes Jimenez & Manuel Artis Ortuno, 2006. "The role of the tourism sector in economic development. Lessons from the Spanish experience," Working Papers in Economics 158, Universitat de Barcelona. Espai de Recerca en Economia.
- Chow, Sheung Chi & Vieito, João Paulo & Wong, Wing Keung, 2019.
"Do both demand-following and supply-leading theories hold true in developing countries?,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 513(C), pages 536-554.
- Chow, Sheung Chi & Vieito, João Paulo & Wong, Wing-Keung, 2018. "Do both demand-following and supply-leading theories hold true in developing countries?," MPRA Paper 87641, University Library of Munich, Germany.
- Lee Lian Ivy-Yap & Hussain Ali Bekhet, 2015. "Examining the Feedback Response of Residential Electricity Consumption towards Changes in its Determinants: Evidence from Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 5(3), pages 772-781.
- Abdul Qayyum, 2000.
"Demand for Real Money Balances by the Business Sector: An Econometric Investigation,"
The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 39(4), pages 857-873.
- Qayyum, Abdul, 2000. "Demand for Real Money Balances by the Business Sector: An Econometric Investigation," MPRA Paper 2156, University Library of Munich, Germany, revised 2000.
- Alexander Schätz, 2010. "Macroeconomic Effects on Emerging Market Sector Indices," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 9(2), pages 131-169, August.
- Ericsson, Neil R., 1992.
"Cointegration, exogeneity, and policy analysis: An overview,"
Journal of Policy Modeling, Elsevier, vol. 14(3), pages 251-280, June.
- Neil R. Ericsson, 1991. "Cointegration, exogeneity, and policy analysis: an overview," International Finance Discussion Papers 415, Board of Governors of the Federal Reserve System (U.S.).
- Olena STRYZHAK & Ramazan SAYAR & Yılmaz Onur ARI, 2022. "Geopolitical risks, GDP and tourism: an ARDL-ECM cointegration study on Ukraine," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 14(1), pages 85-113, May.
- LEE, Chew Ging, 2008. "Tourism And Economic Growth: The Case Of Singapore," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 8(1), pages 89-98.
- E. Schirru, 1996. "Modelli di determinazione del tasso di cambio: un'analisi di cointegrazione," Working Paper CRENoS 199610, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
- Ali, Adnan & Ramakrishnan, Suresh & Faisal,, 2022. "Financial development and natural resources. Is there a stock market resource curse?," Resources Policy, Elsevier, vol. 75(C).
- Caraiani, Chirața & Lungu, Camelia I. & Dascălu, Cornelia, 2015. "Energy consumption and GDP causality: A three-step analysis for emerging European countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 44(C), pages 198-210.
- Otero-Giráldez, María Soledad & Álvarez-Díaz, Marcos & González-Gómez, Manuel, 2012. "Estimating the long-run effects of socioeconomic and meteorological factors on the domestic tourism demand for Galicia (Spain)," Tourism Management, Elsevier, vol. 33(6), pages 1301-1308.
- Helmi Hamdi & Rashid Sbia & Bedri Kamil Onur Tas, 2014.
"Financial Deepening and Economic Growth in Gulf Cooperation Council Countries,"
International Economic Journal, Taylor & Francis Journals, vol. 28(3), pages 459-473, September.
- HAMDI, Helmi & SBIA, Rashid & TAS, Bedri, 2012. "Financial deepening and economic growth in Gulf Cooperation Council countries," MPRA Paper 49907, University Library of Munich, Germany, revised 2012.
- Helmi Hamdi & Rashid Sbia & Bedri Kamil Onur Tas, 2014. "Financial Deepening and Economic Growth in Gulf Cooperation Council Countries," ULB Institutional Repository 2013/206827, ULB -- Universite Libre de Bruxelles.
- Helmi Hamdi & Rashid Sbia & Bedri Kamil Onur Tas, 2014. "Financial Deepening and Economic Growth in Gulf Cooperation Council Countries," Post-Print halshs-01902766, HAL.
- Manamba Epaphra & Lucas E. Kaaya, 2020. "Tax Revenue Effect of Sectoral Growth and Public Expenditure in Tanzania: An application of Autoregressive Distributed Lag Model," Romanian Economic Business Review, Romanian-American University, vol. 15(3), pages 81-120, September.
More about this item
JEL classification:
- R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
- Z0 - Other Special Topics - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:ijefaa:v:10:y:2018:i:12:p:150. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.