ABSTRACT
This study examines the impact of macroeconomic variables in addition to the COVID-19 pandemic on tariffs in Jordan for the period 2003–2020, by using Autoregressive Distributed Lag (ARDL) model, in order to reveal the long-run relationship between macroeconomic variables and tariffs. However, it became clear that all these macroeconomic variables contributed to tariffs in Jordan, and it was proven that there is a long-term relationship between them and tariffs. On one hand, GDP negatively affected tariffs in Jordan, on the other hand, imports and COVID-19 pandemic positively affected tariffs. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.
ABSTRACT
This study examines the impact of macroeconomic variables in addition to the COVID-19 pandemic on tariffs in Jordan for the period 2003–2020, by using Autoregressive Distributed Lag (ARDL) model, in order to reveal the long-run relationship between macroeconomic variables and tariffs. However, it became clear that all these macroeconomic variables contributed to tariffs in Jordan, and it was proven that there is a long-term relationship between them and tariffs. On one hand, GDP negatively affected tariffs in Jordan, on the other hand, imports and COVID-19 pandemic positively affected tariffs. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.