Taleb A. Warrad

Email: t.awad@ju.edu.jo

Taleb A. WarradTaleb Awad Warrad is a Professor of International Economics and Econometrics at the Department of Business Economics – The University of Jordan. He has earned his PhD degree from Iowa State University, USA in December 1987. He served twice as Chairman for the Department of Business Economics and as Director of Economics Observatory at UoJ. He authored and published numerous processional studies and several books in international trade, econometrics and macroeconomics. He worked as senior economist for GOIC. He was awarded the Shoman Price for Young Arab Economists in 1995. He provided professional consultancy and conducted many research projects for several United Nation’s institutions including UNCTAD, WTO, World Bank and ILO. Furthermore, he has initiated and coordinated academic cooperation agreements between this University (UoJ) and several respected International Institutions including UNCTAD, WTO, DAAD, European College and most recently WIPO. In 2010, he was awarded the WTO-Chair. Currently, Processor Warrad is acting as Dean for the School of Business at the Middle East University (MEU).

Papers Published in World Economics:

Analysing the Dynamic Relationship Between Foreign Direct Investment and Trade Balance

The purpose of this article is to examine the dynamic relationship between FDI and the trade balance in Jordan, by using time series data over the period 1975–2020. In it we used two main variables – Jordan’s trade balance (TB) and foreign direct investment net inflows (FDI) – and two sub-variables – Jordan’s official exchange rate (ER) and the taxes Jordan levies on international trade (T). The results show a long-term relationship between these four variables in Jordan. The results also confirm that there is a negative long-term relationship between FDI, T and TB and a positive long-term relationship between ER and TB. In the short term, the findings confirm that no dynamic short-term relationship exists between FDI and TB. However, there is a significant and negative short-term relationship between T and TB and a significant positive short-term relationship between ER and TB.

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