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Forecasting Foreign Direct Investment in Jordan for the Years (2011 -2030)

Author(s): Salah T. Al-rawashdeh | Jaafar H. Nsour | Rafat S. Salameh

Journal: International Journal of Business and Management
ISSN 1833-3850

Volume: 6;
Issue: 10;
Date: 2011;
Original page

This study is aimed at forecasting foreign direct investment (FDI) inflow in Jordan for the years (2011-2030),using (ARIMA), models based on data covering the period (1981-2010), it was found that the time series for thevariable (FDI) was not stationary in its levels during the time, and it suffers from a unit root, we have beenworking to make it stationary after identifying first order of difference which was used in (ARIMA) models .inthis research ,We used the computer program (Minitab, 14 and Eviews, 3.1) for data analysis and forecasting.The study reached a set of results and found out that the expected total volume of (FDI) inflows will reached(29207.06) million Jordanian dinar (JD) by the year 2030, while the average (FDI) is equal to (1479.096) million(JD) with an average annual growth of 3.22%.The study recommends that there is a need to provide appropriate investment environment through providingnecessary incentives and facilities to investors away from bureaucracy, the need to work on a comprehensiveeconomic plan, especially in the aftermath of the global financial crisis that affect the world m the regionincluding Jordan, to make a comprehensive review of all legislations governing (FDI).
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