Role of Education and Financial Market Development in Attracting Foreign Direct Investment Inflows in Pakistan

被引：3
|
作者：
Mahmood, Haider [1 ]
Tanveer, Muhammad [2 ]
机构：
[1] Prince Sattam Bin Abdulaziz Univ, Coll Business Adm, Dept Finance, Al Kharj, Saudi Arabia
[2] Prince Sultan Univ, Riyadh, Saudi Arabia
来源：
TEM JOURNAL-TECHNOLOGY EDUCATION MANAGEMENT INFORMATICS | 2021年 / 10卷 / 03期
关键词：
FDI inflows; FMD; government spending on education; cointegration; INSTITUTIONS; GOVERNANCE; DEMOCRACY; GROWTH;
D O I：
10.18421/TEM103-23
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
This paper has investigated the role of education and Financial Market Development (FMD) on the Foreign Direct Investment (FDI) inflows in Pakistan from 1970-2019. In the short run, education has a positive effect on FDI inflows. 1% increasing of government's spending on education would increase 0.361% of FDI inflows in Pakistan. Moreover, the FMD has a positive effect on FDI inflows in the short run. 1% increasing FMD may increase 0.0496% of FDI in the short run. Both education and FMD are supporting the FDI inflows in the short run. Comparatively, education shows a larger effect on FDI than that of FMD in the short run. However, FMD and government spending on education could not affect the FDI inflows in the long run. This paper recommends supporting education and financial markets to attract FDI inflows in Pakistan.
引用
收藏
页码：1184 / 1189
页数：6
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