THe impact of foreign direct investment on economic growth in Jordan

Abstract

This article examines the impact of foreign direct investment on economic growth in Jordan. The core centers on the question whether or not foreign direct investment inflows enhance economic growth in Jordan. The authors utilise the augmented production function that includes foreign direct investment inflows as the independent variable along with other variables that are expected to have an impact on the growth process. The empirical results show that there is a long-run relationship between economic growth and foreign direct investment among other variables.