Measure and Examine the Impact of Trade Openness on Economic Growth in Iraq

Abstract

This study aims to measure and analyze the extent of the impact of trade openness on economic growth in Iraq for the period (2004-2021), and we concluded that the policy of trade openness followed led to effects on the rate of economic growth. However, at varying levels, due to the nature of the Iraqi economy being one of the rentier countries. In order to determine the impact of trade openness on economic growth in Iraq a simple linear regression methodology used. which was applied to time series for each of the economic growth expressed as the GDP growth rate and the per capita GDP index, and the trade openness expressed as the foreign trade index, and the exports index and the imports index during the period 2004-2021. Where the results of the estimation of these models showed the existence of a positive relationship that moves from the explanatory variable "trade openness" towards the approved variable "the growth rate of domestic product", and inversely to the average per capita. And the results are consistent with the theory economic, after ensuring that the model is suitable for explaining the effect of the relationship well between the model variables.