The research seeks to study the impact of both private and public investment on economic growth in the United Arab Emirates during the period 2000-2021. The economic measurement for this research took two stages, the first dealt with the time series stationarity test and the cointegration test using the (ARDL) method, while the stage was completed. The second is to measure the relationship between the research variables in the long and short term using the random error correction model (ECM) and then measure the causal relationship between the research variables. The research found that there is a negative relationship with an insignificant effect between private investment spending and the economic growth rate in the Emirates, and a significant effect between public investment spending and the economic growth rate, and a significant effect in the negative direction between the total workforce and the economic growth rate in the Emirates. The research recommended working to develop the performance of local investments, increasing their efficiency and integration with public investments, reducing dependence on the role of oil exports in economic life, and reconsidering the employment of unqualified Emirati labor.
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Sarhan et al. (2024) studied this question.
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