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

Salah T. Al-rawashdeh, Jaafar H. Nsour, Rafat S. Salameh

Abstract


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 the
variable (FDI) was not stationary in its levels during the time, and it suffers from a unit root, we have been
working to make it stationary after identifying first order of difference which was used in (ARIMA) models .in
this 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 providing
necessary incentives and facilities to investors away from bureaucracy, the need to work on a comprehensive
economic plan, especially in the aftermath of the global financial crisis that affect the world m the region
including Jordan, to make a comprehensive review of all legislations governing (FDI).

Full Text: PDF DOI: 10.5539/ijbm.v6n10p138

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International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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