Standard Study to Estimate the Effect of Some Variables on the Growth of the Iraqi Economy Using the VECM Error Correction Vector Model

Abstract

The gross domestic product is one of the important indicators that reflect the economic growth of countries. Therefore, these countries strive to achieve increased economic growth through achieving an increasing gross domestic product for them, which reflects positively on economic development, which in turn improves the economic and social reality of these countries.The aim of the research is to determine the effect of some variables (population size, unemployment rate, rate of economic activity) on the gross domestic product in the long and short terms by applying the VECM error correction vector model to the research data for the period 1990-2017. The research reached a set of conclusions The most important of them was the absence of a significant effect on the long term of research variables in the gross domestic product and the presence of a significant effect on the short term for some variables, including the size of the population and the change in the size of the total output for a period of one slow.