The Causal Links Between Foreign Direct Investment And Economic Growth In Pakistan
European Journal of Business and Economics
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Title |
The Causal Links Between Foreign Direct Investment And Economic Growth In Pakistan
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Creator |
Ahmad, Najid; Bahauddin Zakariya University, Multan
Hayat, Muhammad Farhat; Bahauddin Zakariya University, Multan Luqman, Muhammad; Bahauddin Zakariya University, Multan Ullah, Shafqat; Islamia University Bahawalpur |
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Subject |
Gross domestic product, Foreign direct investment, Labor force, Domestic capital
O10, O19, O41 |
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Description |
This paper investigates the relationship between foreign direct investment and economic growth in Pakistan. The co-integration and error correction model is used to show the relationship between foreign direct investment and gross domestic product in Pakistan. Gross domestic product is taken as dependent variable while foreign direct investment, labor force and domestic capital as independent variables. The results suggest that there is a positive relation between foreign direct investment and gross domestic product in short as well as long run. If we want to make economic progress then there is a need to invite foreign investors because foreign direct investment increases GDP that is economic growth.
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Publisher |
CBU, o.p.s.
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Contributor |
—
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Date |
2012-09-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article analysis |
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Format |
application/pdf
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Identifier |
https://ojs.journals.cz/index.php/EJBE/article/view/137
10.12955/ejbe.v6i0.137 |
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Source |
European Journal of Business and Economics; Vol 6 (2012)
1804-9699 10.12955/ejbe.v6i0 |
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Language |
eng
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Relation |
https://ojs.journals.cz/index.php/EJBE/article/view/137/142
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Rights |
Copyright (c) 2012 Najid Ahmad, Muhammad Farhat Hayat, Muhammad Luqman, Shafqat Ullah
https://creativecommons.org/licenses/by/3.0/ |
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