How Terrorism Affects Foreign Direct Investment in Pakistan?
This study is an attempt to investigate the long run interplay between the terrorism and foreign direct investment (FDI) in Pakistan. Terrorism is measured by the number of events, fatalities and injuries with other variables. In this paper, annual time series data is taken from the Global Terroris...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/4495 |
| _version_ | 1797918238511726592 |
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| author | Hashmat Ali Wang Qingshi Irfan Ullah Zulfiqar Ali |
| author_facet | Hashmat Ali Wang Qingshi Irfan Ullah Zulfiqar Ali |
| author_sort | Hashmat Ali |
| collection | DOAJ |
| description |
This study is an attempt to investigate the long run interplay between the terrorism and foreign direct investment (FDI) in Pakistan. Terrorism is measured by the number of events, fatalities and injuries with other variables. In this paper, annual time series data is taken from the Global Terrorism Database and World Development indicators, from the period 1980-2015. In the study, we have employed Johansen co-integration approach to examine the long run relationship between the mentioned variables. The study concludes that FDI has a negative significant relationship with fatalities and injuries whereas events have no long-run relationship with FDI. This reflects that fatalities and injuries which occur due to terrorist activities significantly affect the flow of foreign inflows into Pakistan.
Keywords: Terrorism, Foreign Direct Investment, Emerging Economy
JEL Classifications: F21, E22, C22, G18
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| first_indexed | 2024-04-10T13:26:16Z |
| format | Article |
| id | doaj.art-d4d43a7126924f618f38017beef8eeff |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T13:26:16Z |
| publishDate | 2017-06-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-d4d43a7126924f618f38017beef8eeff2023-02-15T16:11:51ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-06-0173How Terrorism Affects Foreign Direct Investment in Pakistan?Hashmat Ali0Wang QingshiIrfan UllahZulfiqar AliDongbei University of Finance and Economics, Dalian, China This study is an attempt to investigate the long run interplay between the terrorism and foreign direct investment (FDI) in Pakistan. Terrorism is measured by the number of events, fatalities and injuries with other variables. In this paper, annual time series data is taken from the Global Terrorism Database and World Development indicators, from the period 1980-2015. In the study, we have employed Johansen co-integration approach to examine the long run relationship between the mentioned variables. The study concludes that FDI has a negative significant relationship with fatalities and injuries whereas events have no long-run relationship with FDI. This reflects that fatalities and injuries which occur due to terrorist activities significantly affect the flow of foreign inflows into Pakistan. Keywords: Terrorism, Foreign Direct Investment, Emerging Economy JEL Classifications: F21, E22, C22, G18 https://econjournals.com/index.php/ijefi/article/view/4495 |
| spellingShingle | Hashmat Ali Wang Qingshi Irfan Ullah Zulfiqar Ali How Terrorism Affects Foreign Direct Investment in Pakistan? International Journal of Economics and Financial Issues |
| title | How Terrorism Affects Foreign Direct Investment in Pakistan? |
| title_full | How Terrorism Affects Foreign Direct Investment in Pakistan? |
| title_fullStr | How Terrorism Affects Foreign Direct Investment in Pakistan? |
| title_full_unstemmed | How Terrorism Affects Foreign Direct Investment in Pakistan? |
| title_short | How Terrorism Affects Foreign Direct Investment in Pakistan? |
| title_sort | how terrorism affects foreign direct investment in pakistan |
| url | https://econjournals.com/index.php/ijefi/article/view/4495 |
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