Ali, Hina and Khan, Sajjad Nawaz and Yasmin, Fouzia and Shaheen, Ruqia (2019) Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan. Global Business Management Review (GBMR), 11 (1). pp. 83-95. ISSN 2180-2416

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Abstract

The present study examined the relationship between economic growth and FDI in Pakistan by utilizing the data for the time period 1975-2015. The study employed a number of statistical and econometric tools for the analysis. ADF test for stationarity of data, and ARDL approach to cointegration is used for parameter estimations. The study includes GDP growth rate, foreign direct investment, trade openness, inflation and labour force as the variables of the study. The results indicated that the association between FDI and GDP growth is negative, for Pakistan, in the long run, while the results illustrated the positive association among variables in short run. Trade openness enhances GDP growth both in the long and short run, the result also revealed.

Item Type:	Article
Uncontrolled Keywords:	GDP, FDI, Trade openness, Inflation, Gross domestic savings
Subjects:	H Social Sciences > HG Finance
Divisions:	Othman Yeop Abdullah Graduate School of Business
Depositing User:	Mrs Nurin Jazlina Hamid
Date Deposited:	28 Nov 2023 11:54
Last Modified:	28 Nov 2023 11:54
URI:	https://repo.uum.edu.my/id/eprint/30051

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