文章基本信息

标题：Macroeconomic variables and portfolio investment in Bahrain using an ARDL bound testing approach
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作者：Mohammad Salem Oudat ; Hafnida Hasan ; Ayman Abdalmajeed Alsmadi 等
期刊名称：Accounting
印刷版ISSN：2369-7393
电子版ISSN：2369-7407
出版年度：2020
卷号：6
期号：4
页码：465-472
DOI：10.5267/j.ac.2020.4.0012
出版社：Growing Science
摘要：The main aim for the current paper is to shed some light on some macroeconomic variables that affect the portfolio investment in one of the Middle East countries (Bahrain) for the period 1989-2018. Autoregressive Distributed Lag (ARDL) test was employed. The findings revealed that there was a long run relationship between portfolio and macroeconomic factors. The variable can cause portfolio investment only for consumer price index and gross domestic product in long run. Meanwhile, it found only consumer price index has statistically significant effect with portfolio investment in short-run.
关键词：Portfolio investment;Macroeconomics; Autoregressive Distributed Lag (ARDL)