The Impact of Terrorism on Foreign Direct Investment in JordanRabia Najaf*
Department of Accounting and Finance, University of Lahore, Islamabad Campus, Pakistan
- *Corresponding Author:
- Najaf R
Department of Accounting and Finance
University of Lahore, Islamabad Campus, Pakistan
Tel: +92 (0)42111-865-865
E-mail: [email protected]
Received Date: Janaury 10, 2017; Accepted Date: April 04, 2017; Published Date: April 11, 2017
Citation: Najaf R (2017) The Impact of Terrorism on Foreign Direct Investment in Jordan. J Account Mark 6: 227. doi:10.4172/2168-9601.1000227
Copyright: © 2017 Najaf R. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The main objective of this paper is to find out the long run relationship between terrorism and foreign direct investment of Jordan. For this purpose, we have taken the monthly data from 1996 to 2014. We have found that data are stationary at first difference. For the analysis of finding the long run association, we have applied the Johnson co integration approach. The results are showing that terrorism have negative relationship with the foreign direct investment. This study suggested that there is need of proper planning for the improvement of the foreign direct investment.