Impact of Foreign Direct Investment on the Economic Growth of Pakistan
Najabat Ali, Hamid Hussain
Abstract
Najabat Ali, Hamid Hussain
Abstract
Foreign direct investment (FDI) is generally considered as a key driver of global economic integration. FDI inflows are often seen as important catalyst for economic growth in the developing countries. The current paper attempts to analyse the impact of foreign direct investment (FDI) on the economic growth of Pakistan. The study utilizes time series data over the period of 1991-2015. The study uses correlation and multiple regression analysis techniques for analysis of data. The results of the study reveal that FDI has a positive impact on the economic growth of Pakistan. The study recommends that government should bring reforms in the domestic market to attract more FDI in Pakistan.
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Foreign direct investment (FDI) is generally considered as a key driver of global economic integration. FDI inflows are often seen as important catalyst for economic growth in the developing countries. The current paper attempts to analyse the impact of foreign direct investment (FDI) on the economic growth of Pakistan. The study utilizes time series data over the period of 1991-2015. The study uses correlation and multiple regression analysis techniques for analysis of data. The results of the study reveal that FDI has a positive impact on the economic growth of Pakistan. The study recommends that government should bring reforms in the domestic market to attract more FDI in Pakistan.
Key concepts: Foreign direct investment, Economics, International economics, Government (linguistics), Market size, Developing country, Investment (military), Business