Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan

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 use...

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Main Authors: Ali, Hina, Khan, Sajjad Nawaz, Yasmin, Fouzia, Shaheen, Ruqia
Format: Article
Language:English
Published: UUM Press 2019
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/30051/1/GBMR%2011%2001%202019%2083-95.pdf
https://doi.org/10.32890/gbmr2019.11.1.9307
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author Ali, Hina
Khan, Sajjad Nawaz
Yasmin, Fouzia
Shaheen, Ruqia
author_facet Ali, Hina
Khan, Sajjad Nawaz
Yasmin, Fouzia
Shaheen, Ruqia
author_sort Ali, Hina
collection UUM
description 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.
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spelling uum-300512023-11-28T11:54:58Z https://repo.uum.edu.my/id/eprint/30051/ Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan Ali, Hina Khan, Sajjad Nawaz Yasmin, Fouzia Shaheen, Ruqia HG Finance 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. UUM Press 2019 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/30051/1/GBMR%2011%2001%202019%2083-95.pdf 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 https://e-journal.uum.edu.my/index.php/gbmr/article/view/9307 https://doi.org/10.32890/gbmr2019.11.1.9307 https://doi.org/10.32890/gbmr2019.11.1.9307
spellingShingle HG Finance
Ali, Hina
Khan, Sajjad Nawaz
Yasmin, Fouzia
Shaheen, Ruqia
Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan
title Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan
title_full Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan
title_fullStr Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan
title_full_unstemmed Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan
title_short Foreign Direct Investment and Sustainable Long Run Economic Growth Nexus: A Case Study of Pakistan
title_sort foreign direct investment and sustainable long run economic growth nexus a case study of pakistan
topic HG Finance
url https://repo.uum.edu.my/id/eprint/30051/1/GBMR%2011%2001%202019%2083-95.pdf
https://doi.org/10.32890/gbmr2019.11.1.9307
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AT yasminfouzia foreigndirectinvestmentandsustainablelongruneconomicgrowthnexusacasestudyofpakistan
AT shaheenruqia foreigndirectinvestmentandsustainablelongruneconomicgrowthnexusacasestudyofpakistan