Public perceptions About Foreign Investment, A PLS-SEM Analysis toward republic sustainable infrastructure

Muhammad Tayyab Sohail and Shaoming Chen

PLOS ONE, 2022, vol. 17, issue 11, 1-16

Abstract: Over the years, Pakistan and China have developed strong bilateral trade and economic linkages. China Pakistan economic corridors (CPEC) is a multidimensional development plan, encircling several diverse projects and the Chinese government is going to invest a huge amount in China-Pakistan Economic Corridor on several different projects. CPEC is an approach toward economic stability for both countries in the globalized world and is known as a game changer in this region. In the present study China-Pakistan economics door has been discussed, to check the CPEC implementations situation, its restraints, challenges, and benefits. An empirical process was adopted to check public opinion about it with aimed public perceptions About Foreign Investment, A PLS-SEM Analysis toward republic sustainable infrastructure. PLS-SEM direct path analysis revealed that there is direct relationship among IV and DV, these results offer support to hypotheses H1-H6 accepted. We have also looked at the levels of education and gender of the respondents as control variables, gender and education showed insignificant relationships with CPEC. It means there is no direct relationship between gender and education to DV. Age significantly moderates the relationship of CPEC associated with IV, depicts the moderation role of age on the relationship, under this research H2a and H3a have significant relationships with age as a moderator while other moderators did not show any relationship. In the current study, there is a significant relationship among all parameters, and there is a medium to strong correlation between diverse variables. The study showed that CPEC will have positive and strong impacts on the economic development of both countries and public of Pakistan consider it can open many doors for them for education, jobs and tourism. This study can help policy makers to make policy to make more effective policy in this are for sustainable development.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0277673

DOI: 10.1371/journal.pone.0277673

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