Trade Openness and Real Investment: Is there Asymmetric Cointegration Relationship? Evidence from Jordan


  •  Alaaeddin Al-Tarawneh    

Abstract

The paper attempts to test the long-run asymmetric equilibrium relationships between real investment and trade openness. Using Jordanian data, over the period 1976 to 2014, the study has failed to reject the null hypothesis of no cointegration with threshold at a conventional level of significance among variables. Therefore, cannot find evidence of asymmetry in the relationship between real investment and trade openness.



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