التحرير المالي وأثره على النمو الاقتصادي في الأردن
Abstract
Using (ARDL) - bound test methodology to determine the long-term relationship between economic growth and financial liberalization between 1993 and 2013, and the results showed that financial liberalization has a negative effect on economic growth in Jordan in the short term and the long term. However, it was weak. The study showed that in Jordan inappropriate financial liberalization policies in order to promote economic growth. However, given the fact that financial markets are prone to failures of the market, the study warns followers of non-interference in the financial reform policy.
Keywords
economic growth, financial liberalization, bound test, cointegration, vector error correction model, VECM, JordanMetrics