期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2013
卷号:4
期号:18
页码:26-32
语种:English
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:External debt is considered a significant source of income for less developed countries. Jordan, as one of these countries, relied much on external debt to finance its saving investment gap and balance of payment deficit. The main objective of this paper is to explore the relationship between external debt and economic growth in Jordan during the period of 1990-2011, using time series econometric techniques. This paper shows that there is a positive and significant relationship between external debt and economic growth. Debt servicing has a negative and significant relationship with economic growth.
关键词:Economic Growth; External Debt; Ordinary Least Squares; Fully Modified Least Squares.