Analysis of FDI and Financial improvements for the Economic growth
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Published:
2017-03-31
Keywords:
FDI, financial development, economic growth ARDL technique
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Abstract
This study is conducted in order to check the long run as well as short run impact of FDI and Financial Development on the economic growth. The study is conducted in the scenario of Pakistan and the time series data is taken for the year 1972-2013. ARDL methodology is used to determine whether FDI has long-term impact on Economic growth or not. Moreover, Granger Causality is used to check a uni-directional relationship and the results support that FDI has an impact over economic growth. Further, it is depicted from ARDL that there is a positive relationship between FDI and Economic Growth.
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Research Article
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How to Cite
Analysis of FDI and Financial improvements for the Economic growth. (2017). Journal of Management Info, 4(1), 29-32. https://doi.org/10.31580/jmi.v13i1.68