The impact of the Iraqi Stock Exchange indicators on the gross domestic product in the Iraqi economy for the period (2004-2021)

Abstract

The aim of the research is to measure and analyze the short and long term relationship between the impact of the Iraq Stock Exchange indicators on the gross domestic product in the Iraqi economy for the period (2004-2021) using the modern methodology of co-integration. According to the (ARDL) model. As a result of the impact of fluctuations in the Iraqi market for stock indices on the gross domestic product The research concluded a number of conclusions, the most important of which was that the hypothesis on which the research was based was proven, which assumed the existence of a direct relationship between the indicators of the Iraqi market for securities (the independent variable) and the gross domestic product (the dependent variable) and this means that the high indicators of the Iraqi market for securities Lead to an increase in the gross domestic product in the Iraqi economy. Therefore, the research recommends the need to continue analyzing macroeconomic indicators in Iraq for the coming years in order to use them as warning indicators about the possibility of the country falling into a financial crisis, by knowing its behavior