货币政策及其在吸引外国直接投资中的作用:2004-2018年伊拉克经济研究

Anas Dheyab Salim
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引用次数: 0

摘要

研究的目的是通过使用描述性分析方法和定量方法,确定与货币政策和外国直接投资有关的一些变量的表现,以及确定货币政策变量对外国直接投资的影响。外国直接投资(FDI)是改善东道国内部资本形成的最重要变量,这使得大多数国家尽最大努力吸引外国直接投资,本研究试图了解一些货币政策变量对伊拉克吸引外国直接投资(FDI)的影响及其作用。为了实现这一目标,通过使用统计程序e -views上的标准模型,并通过对归纳(扩展Dickey Fuller (ADF)和Phillips-Peron测试(PP))和整合关系的澄清进行测试,使用了从2004年到2018年的时间序列;货币政策变量(汇率、通货膨胀率和利率)与外国直接投资之间的联合和使用边界检验方法,并使用自回归分布减速模型(ARDL)估计短期内的关系,以及了解自变量与因变量(FDI)之间的因果关系。这是通过提出的测试结果得出结论,有正面和负面的影响的一些货币政策指标被使用,和积极的影响在利率和通货膨胀率的两个指标,作为他们对外国直接投资在伊拉克经济的影响分别(1.485)和(0.18414),和负面影响的汇率指数,作为其对外国直接投资(FDI)的影响在伊拉克(-0.00024)。在Kranger因果检验中,结果证实伊拉克对外直接的研究变量之间不存在因果关系。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Monetary Policy and its Role in Attracting Foreign Direct Investment: A Study in the Iraqi Economy for the Period (2004-2018)
The aim of the research is to identify the performance of some variables related to monetary policy and foreign direct investment, as well as to identify the impact of monetary policy variables on foreign direct investment through the use of the descriptive analytical method as well as the quantitative approach. Foreign direct investment (FDI) is the most important variable to improve capital formation within the host country, which makes most countries exert their utmost efforts to attract foreign direct investment, as this study attempts to know the impact of some monetary policy variables and their role in attracting foreign direct investment (FDI) in Iraq. To achieve this goal, a time series extending from 2004-2018 was used through the use of the standard model on the statistical program E-views10 and by conducting tests for both induction (Extended Dickey Fuller (ADF) as well as Phillips-Peron test (PP)) and clarification of the integration relationship; the joint and using the boundary test methodology between the monetary policy variables (the exchange rate, the inflation rate, and the interest rate) and foreign direct investment and estimating the relationship within the short term using the Autoregressive Distributed Deceleration Model (ARDL), as well as knowing the causal relationship between the independent research variables and the dependent variable (FDI). It was concluded through the results presented by the tests that there is a negative and positive impact of some of the monetary policy indicators that were used, and the positive impact is on the two indicators of interest rate and inflation rate, as their impact on foreign direct investment in the Iraqi economy (1.485) and ( 0.18414) respectively, and the negative impact is for the exchange rate index, as its impact on foreign direct investment (FDI) in Iraq was (-0.00024). During the Kranger causal test, the results confirm the absence of a causal relationship between the research variables in Iraq's foreign direct.
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