The Impact of the Iraqi Stock Market on the Growth of Real Sectors in the Iraqi Economy for the Period (1992-2020)
- Post by: Muthanna mjdes
- February 5, 2023
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Prof. Dr. Haider Talib Musa 1* and Mr. Mustafa Abdel Karim Abdullah 2
1,2 *Al-Muthanna University / College of Administration and Economics / Department of Business
ABSTRACT
The stock market is one of the important channels for mobilizing savings and using it to finance various investment projects to achieve economic sustainability. In addition, the Iraqi Stock Exchange attracts financial resources as it is the only financial market in Iraq. Thus, this research aims to analyze the impact of the Iraqi stock market on the growth of real sectors in the Iraqi economy through the analysis of market indicators. The Autoregressive Distributed Deceleration (ARDL) model has been utilized to show the impact of the volume of economic sectors trading in the Iraqi Stock Exchange on economic growth during the research period. The researchers have reached several conclusions; the most important one is that there is a weakness in the market performance. The researchers have suggested several recommendations, including providing an appropriate economic climate for effective and efficient market functioning.
Keywords:Iraq stock market, economic sectors, domestic product, Autoregressive Distributed Deceleration (ARDL) model
Muthanna Journal of Administrative and Economic Sciences, 2022,Volume 12, Issue 4, Pages 79-92
DOI: 10.52113/6/2022-12-4/79-92
