Impact of Foreign Direct Investment on Trade and Economic Growth of Pakistan : A Co-integration Analysis

@inproceedings{Arshad2012ImpactOF,
  title={Impact of Foreign Direct Investment on Trade and Economic Growth of Pakistan : A Co-integration Analysis},
  author={Md. Razib Arshad},
  year={2012}
}
The aim of this study is to the long run relationship among Foreign Direct Investment, Trade (Imports & Exports) and Economic growth for Pakistan. The co-integrating VAR framework is used to find the relationship over the period of 1965 to 2005. The results show that there are two long run relationships exist between GDP, Imports and Exports and FDI. First long run relationship shows that both imports and exports affect GDP but FDI has insignificant effect on GDP. In second long run… CONTINUE READING

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