EXPLORING THE LINKAGES BETWEEN INVESTMENT AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM PAKISTAN
Ajmal, H. (2020). Exploring the linkages between investment and economic growth: empirical evidence from Pakistan. Bulletin of Business and Economics, 9(2), 85-91.
This research purpose is to analyze the impacts of foreign direct investment (FDI) in Pakistan for time period of 1980-2017 the time series data is chosen by the world development bank. So by considering on past results I have check the present results in this paper by using ARDL model and my variables are GDP, FDI, Exports and Remittances and conclude that FDI is insignificant in short and long run and export are significant and both short and long-run cases so the government of Pakistan or policymakers just need to focus on export promotion because Pakistan as a developing country must need to improve its exports and results also conclude that exports are more significant. Some of the export promotion recommendations are to provide subsidies to exporters and need to provide quotas to improve the exports and there is also a need to focus on some policies to improve domestic industries.
FDI, Economic Growth, ARDL Bound Testing method, Pakistan
Research Foundation for Humanity (RFH)
Download PDF File | 311 Paper Views