ISSN: 2225-8329
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This study aimed to examine the impact of public debt and public investment on economic growth in Jordan for the period 1990-2017. The study used multiple linear regression to examine the study hypotheses. The study found that public debt has a negative and statistically significant impact on economic growth in Jordan, where the coefficient of effect is -0.11, i.e., with the stability of other factors, the increase of public debt by 1% leads to a decrease in economic growth in Jordan by -0.11%. While public investment has a positive and statistically significant impact on economic growth in Jordan The coefficient of impact is 0.10, i.e., with the stability of other factors, the increase of public investment by 1% leads to an increase in economic growth in Jordan by 0.10%. The study reached a number of recommendations, the most important of which is work to limit the expansion of public debt and reduce it to reduce its negative impact on economic growth in Jordan.
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To cite this article: Al-Dughme, M. S. (2019). The Impact of Public Debt and Public Investment on Economic Growth in Jordan, International Journal of Academic Research in Accounting, Finance and Management Sciences 9 (2): 149-157.
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