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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Format: | Article |
Language: | English |
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UUM Press
2019
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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. |
first_indexed | 2024-07-04T06:43:33Z |
format | Article |
id | uum-30051 |
institution | Universiti Utara Malaysia |
language | English |
last_indexed | 2024-07-04T06:43:33Z |
publishDate | 2019 |
publisher | UUM Press |
record_format | eprints |
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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