The Impact of Fiscal Policy on the Economic Growth of Jordan

Abdullah Ali Al-Masaeed and Evgeny Tsaregorodtsev

International Journal of Economics and Finance, 2018, vol. 10, issue 10, 145

Abstract: The present study examined the impact of fiscal policy measured by (Government expenditure, Government revenues, internal public debt, external public debt) in addition to exports and inflation factors on the Jordanian GDP growth for the period 1990-2010. The study used multiple linear regression and least squares method (OLS) to test the study hypotheses. The study found that government expenditure, exports and government revenues has a positive and significant impact on the Jordanian GDP growth, and negative and significant impact on the Jordanian GDP growth. The study found that external public debt has a negative but not significant impact on the Jordanian GDP growth.

Date: 2018
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