International Journal of Islamic and Social Sciences (ISOS)
Vol. 1 No. 2 (2021): ISOS : International Journal of Islamic and Social Sciences

An Association Between Critical Macroeconomic Indicators and Economic Growth: A Study of United Arab Emirates

Shefali Saini (University School Of Business, Chandigarh)



Article Info

Publish Date
14 Oct 2021

Abstract

Introduction- Macroeconomic variables such as Gross capital formation, Final consumption expenditure, Merchandise exports play a vital role in the economic performance of any country. Purpose- The study analyses the association between Gross capital formation, Final consumption expenditure, Merchandise exports and GDP (current US$) of UAE Research Methodology- For the purpose of the research study critical Macroeconomic variables such as Gross capital formation, Final consumption expenditure, Merchandise exports have been identified to check for their magnitude of impression on GDP (current US$) of UAE. Yearly secondary data from the period of 2001 to 2019 (21st century) has been taken into consideration and it has been passed through descriptive analysis, the paper also employed linear regression to establish that there exists a fairly strong positive correlation. Findings- There has been a significant relationship between the identified variables indicated by p value, f value, t stat and showcase a positive high degree of correlation.

Copyrights © 2021






Journal Info

Abbrev

isos

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal of Islamic and Social Sciences (ISOS) is an open access, peer-reviewed, and refereed journal published by The Islamic Economic and Business Faculty, Universitas Islam Negeri Mataram, Indonesia. The main objective of ISOS is to provide an intellectual platform for the ...