Foreign Capital Inflow and Economic Growth Nexus: A Case Study of Pakistan

Qazi Muhammad Hye (), Muhammad Shahbaz and Amra Hye

The IUP Journal of Applied Economics, 2010, vol. IX, issue 1, 16-26

Abstract: : This study analyzes the effect of Foreign Capital Inflow (FCI) on the economic growth of a developing economy, like Pakistan. Empirical analysis has been performed by using a recent cointegration technique, Autoregressive Distributed Lag (ARDL) method. The result shows that foreign direct investment affects economic growth positively in the long run as well as short run. On the other hand, the official development assistance and aid has positive impact on economic growth only in the long run. So, Pakistan should focus on the official development assistance and aid in the long run for the sake of economic growth.

Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:icf:icfjae:v:09:y:2010:i:1:p:16-26

Access Statistics for this article

More articles in The IUP Journal of Applied Economics from IUP Publications
Bibliographic data for series maintained by G R K Murty ().