An econometric study of the relationship between globalization, digital transformation and employment in Jordan (1980–2023)
Year: 2025
Type: article
Abstract: The study analyzed the structure of income distribution and its impact on economic growth in Jordan from 1980 to 2023. It tested the hypothesis that a long-term equilibrium relationship exists between the independent variables and economic growth using the ARDL approach. The results showed that the F statistic of 2.88 was less than the tabular value at significance levels of 1%, 2.5%, 5%, and 10% for two lag periods. This indicated that the null hypothesis, suggesting no joint integration between the variables, was accepted, and the alternative hypothesis was rejected. The findings highlighted a negative impact of changes in the share of the top 1% on economic growth, while changes in the share of the top 10% and bottom 50% had a positive impact. Additionally, human capital negatively affected economic growth. The Error Correction Model (ECM) results suggested that short-run deviations from equilibrium could be corrected to restore long-run equilibrium. The error correction term (ECT) was statistically significant at the 5% level and carried a negative sign, indicating a tendency toward correction of imbalances in the long run.
Author: Raed ABDALQADER
Institution: National Agricultural Research Center
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4416319207
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