THE IMPACT OF MONETARY DEVELOPMENTIN ECONOMIC GROWTH IN IRAQ (A STANDARD STUDY USING A METHODOLOGY (ARDL) FOR THE PERIOD (2003-2020))

Authors

  • Shahad Hassoun Radi Attia University of Basra _ College of Administration and Economics _ Department of Economics
  • D. Profe. Sami Obaid Mohammed Al-Tamimi University of Basra _ College of Administration and Economics _ Department of Economics

Keywords:

money supply, growth economic, Gross domestic productat fixed pricese

Abstract

This study mainly aims to investigate the impact of monetary development on economic activity in Iraq. As a model (ARDL)and test kranger (Causality Test) to determine the direction of causal relationships between the variables of monetary development (M1, M2, M3 .) and variableGross domestic productat prices ongoing.In addition, the study used the dynamic standard model with appropriate slowdown periods to measure the impact of monetary variables in the short and long term on growtheconomic,The results are in agreement with the theoryeconomic,The test results showedCranger CausalityThere is a causal relationship between monetary development variables and real GDP. Also, the results of the dynamic model (ARDL) showed that there are positive effects of monetary variables on real GDP

References

Al-Afandi, Muhammad Ahmad.(2012).Macroeconomic theory (politics and practice), first edition, Sana'a,Al-Amin for publication and distribution.

--Al-Afandi, Muhammad Ahmad.(2014).Macroeconomic theory: policy and practice.Second Edition, Yemen: Sana'aAl-Ameen for Publishing and Distribution.

-Hassoun, Iyad Kazem.(2014).Analysis of the relationship between inflation and economic growth in Iraq for the period (1980-2010) with reference to selected countries, PhD thesis in Philosophy, University of Baghdad:Faculty of Administration and Economics, Baghdad.

-Haddad, Akram Haddad And this, famous.(2005).money and banks,First Edition, Jordan: Amman,Wael Publishing House.

- Khreis, Jamato And Abu Khadra, Ayman and Khasawneh, Emad.(2002). marrowDr The Banks, 1st Edition,Jordan Amman,Al Masirah Publishing Houseand distribution and print.

-Khoshnaw, Prof. Dr. Sabah Saber Muhammad.(2019).Analysis and measurement of the causal relationship between money supply and GDP in Iraq for the period (1988-2018).Anbar University Journal of Economic and Administrative Sciences, volume 11(26).

- Central Statistical Organization, Directorate of National Accounts, Annual Bulletins for the years (2003-2020), Baghdad: The Iraqi Ministry of Planning and Development Cooperation.

-Daoud, Hossam Ali(2013).Principles of Macroeconomics,third edition, Jordan AmmanDar Al-Maysara for publishing, distribution and printing.

-League, MahmDr Ahmad.(2007).Basic Aspects of Money, 1st Edition.Libya,House of candles cultural.

-Department of Statistics andresearch, tMonetary Policy Report of the Central Bank of Iraq(2020). Baghdad: Central Bank.

-Department of Statistics andresearch, tMonetary Policy Report of the Central Bank of Iraq(2008). Baghdad: The Central Bank.

-Department of Statistics andresearch, tMonetary Policy Report of the Central Bank of Iraq(2016). Baghdad: Central Bank.

-Al-Rafie, A. M. Dr.. Iftikhar Mohamed Manahi(2020).The relationship between inflation, money supply and the exchange rate in Iraq for the period (2000-2016).Al-Kut University College Magazine, volume 5(2).

-Shehab, M.M. Samira Fawzy.(2013).Measuring the effect of money supplyM1) On Iraq's Gross Domestic Product for the period 1987-2010, Tikrit Journal of Administrative and Economic Sciences, Volume 10(30) .

th-Adaileh, Radi Muhammad.(2010).Mechanisms of monetary transmission in the economyjordanian,PhD thesis in Business Economics, College of Graduate Studies, University of Jordan, Jordan.

-Al-Obaidi, Marwa Iyad Muhammad.(2022).use methodologyARDL and simultaneous system of equations for predictionat pricesOil for the period 2021-2025, Master's thesis in Statistics, University of Basra, College of Administration and Economics.

-Al-Fatlawi, Hussein Majid Thamer.(2018).Fiscal policy and its impact on the money supply in Iraq for the period (1990-2014), a master's thesis in economic altitude, Al-Qadisiyah University, College of Administration and Economics.

-Al-Quraishi, Muhammad Salih.(2008).business economics,Edition 1, Oman,Ethraa for publication and distribution.

-Kazem, Prof. Kamel AllawiAnd theSahib, M, Miami Salal.(2017). Politics cashIn Iraq before and after 2003 an analytical study.Al-Qadisiyah Journal of Administrative and Economic Sciences, Vol19(2) .

Mishkin, fs (2013). The economics of money, financial markets, (New York: Columbia University.

Downloads

Published

2022-11-24

How to Cite

Shahad Hassoun Radi Attia, & D. Profe. Sami Obaid Mohammed Al-Tamimi. (2022). THE IMPACT OF MONETARY DEVELOPMENTIN ECONOMIC GROWTH IN IRAQ (A STANDARD STUDY USING A METHODOLOGY (ARDL) FOR THE PERIOD (2003-2020)). World Bulletin of Management and Law, 16, 162-177. Retrieved from https://scholarexpress.net/index.php/wbml/article/view/1693

Issue

Section

Articles