Analyzing the impact of Foreign Direct Investment on Unemployment rate in the case of Kurdistan Region of Iraq

Volume 20 , Issue 3 , December 2019 , Pages 699-718

Authors

Biaban Nwri Rostam 1

1 Department of English - College of languages – Garmian University

DOI logo 10.17656/jzsb.10935

Keywords

Abstract

Foreign Direct Investment (FDI) is on the key factor in the modern globalized world. The
significance of FDI lies particularly in long-run investment capital. It has introduced new
technologies, provided job opportunities, brought know-how as well as managerial and
entrepreneurial culture and enabled an access to global market. The Kurdistan Region, such as
other developing regions, has important opportunities for investment owing to its adoption of free
economic policy as well as, its relative stability. In addition, there is a series of stimulus measures
to attract more foreign investors like the issuance of an investment law includes many economic
incentives, customs and tax. The objective of this paper is to exam the effect of Foreign Direct
Investment on unemployment rate in Kurdistan Region for the period of (2006-2018). We
additionally included the dummy variables for economic crisis and ISIS war. For this aim, Least
Square, Unites root, Johansen Co-integration and Granger causality testes are concluded to
analysis the data. The result represents that all the series are integrated of order one in level. It
reveals that there is short-run relationship between foreign direct investment and unemployment;
however both the variable are negatively influenced by economic crisis and ISIS war.

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  • Published at26 December 2019

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