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Fiscal Policy Interaction with Private Investment: The Case of Jordan

机译:财政政策与私人投资的互动:约旦的案例

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摘要

The purpose of this study was to find the impact of fiscal policy on private investment in Jordan. Stepwise regression method was utilized for this purpose. The model expresses private investment (PI) as a function of various levels and components of fiscal policy that include current expenditure (CE), capital expenditure (CI), internal public debt (IPD), external public debt (EPD), and tax revenue (TR). The statistical results indicate that the most effective variable on private investment in Jordan is current expenditure. We found that the coefficient of determination = 0.78 which is reflect the importance of this variable on private investment in Jordan. Recommendations were given based on results.
机译:这项研究的目的是发现财政政策对约旦私人投资的影响。为此采用了逐步回归方法。该模型将私人投资(PI)表示为财政政策各个级别和组成部分的函数,包括经常支出(CE),资本支出(CI),内部公共债务(IPD),外部公共债务(EPD)和税收(TR)。统计结果表明,约旦私人投资最有效的变量是经常支出。我们发现,决定系数= 0.78,反映了该变量对约旦私人投资的重要性。根据结果​​给出了建议。

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