THE IMPACT OF FINANCIAL DEVELOPMENT ON EXPORTS EVIDENCE FROM JORDAN


Dr. Ibrahim Khrais
,
Abstract

A growing number of empirical studies have documented the importance of financial development for the ability of firms to export to foreign markets.These effects arise from the intermediation role provided by financial institutions. The main goal of the present study is to address the impact of financial Development indicators on export of Jordan. This study used deductive approach through the development of the assumptions and premises relating to both economic growth represented by export of goods and services as dependent variable, and financial development represented by 4 variables that affect export of goods and services such as: Domestic Credit, Lending Interest Rate, Stocks Traded, and The Real Interest Rate as independent variables. Inductive Approach also used through the extrapolation of the data for the study variables. According to the results of multiple linear regressions the study found that financial development has an impact on export of goods and devices.

KEY WORDS: financial development, export of goods and services, Jordan.

Keywords:
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

VIEW PDF
Published on :

Vol : 4
Issue : 10
Month : October
Year : 2016
Copyright © 2024 EPRA JOURNALS. All rights reserved
Developed by Peace Soft