مجلة جامعة الانبار للعلوم الاقتصادیة والاداریة

اثر الانفتاح المالي في تنمية الاسواق المالية دول مجلس التعاون الخليجي انموذجاً

نوع المقالة : Research Paper

المؤلف

كلية الادارة والاقتصاد / جامعة الموصل

10.34009/aujeas.2023.182297

الملخص

يهدف البحث الى تشخيص وتحليل وتتبع آلية وقنوات انتقال التأثير الذي يمكن ان تحدثه التغيرات الحاصلة في مؤشرات الانفتاح المالي في تنمية الاسواق المالية لدول مجلس التعاون الخليجي للمدة (2005-2021)، فضلا ًعن بناء أنموذج كمي تجريبي قادر على اختبار طبيعة وحجم واتجاه ذلك التأثير, ومن خلال اعتماد منهجية الانحدار الذاتي للفجوات الزمنية الموزعة للبيانات المدمجة (Panel ARDL) التي تفصل الاثار التكاملية للانفتاح المالي في تنمية الأسواق المالية في الاجل الطويل منه عن القصير. وقد افصحت النتائج التجريبية عن وجود اثر ايجابي طويل الاجل لمؤشري الانفتاح المالي والمتمثلان بإجمالي التدفقات الرأسمالية ورصيد الموجودات والمطلوبات الأجنبية في مؤشر تنمية الأسواق المالية، عززت بالأثار الإيجابية للانفتاح التجاري والاطر القانونية والتنظيمية والجودة المؤسسية بوصفها متغيرات ضابطة داعمة للأنموذج المقدر. من جانب اخر فقد افرزت نتائج التقدير قصيرة الاجل فشل جميع المتغيرات التوضيحية ومنها مؤشري الانفتاح المالي في تأكيد تأثيرهم المعنوي في تنمية الأسواق المالية.

الكلمات الرئيسة

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مجلة جامعة الانبار للعلوم الاقتصادیة والاداریة
السنة 15، العدد 4
كانون الأوّل / ديسمبر 2023
الصفحة 79-100
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