The Impact of Sectoral Foreign Direct Investment on Industrial Economic Growth of Pakistan

被引：4
|
作者：
Suleman, M. Tahir [1 ]
Amin, Muhammad Talha [2 ]
机构：
[1] Wellington Inst Technol, Sch Business & Informat Technol, Wellington, New Zealand
[2] IQRA Univ Karachi, Karachi, Pakistan
来源：
JOURNAL OF MANAGEMENT SCIENCES | 2015年 / 2卷 / 01期
关键词：
Pakistan; Cobb-Douglas; panel unit root test; panel cointergration test; long-run relationship;
D O I：
10.20547/jms.2014.021/1501101
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
This study examines the impact of sectoral foreign direct investment on industrial economic growth of Pakistan, by means of Cobb -Douglas production function. Three sectors were used namely manufacturing, construction, mining 6 quarrying for panel data during the period of 1997 to 2011. This study used three standard panel unit root tests; PP statistics panel unit root, ADF statistic, IPS panel unit root test. Moreover, to test the co integration between the variables, three different types of test were used for the panel co integration test based on Johansen fisher, Kao residual cointegration, Pedroni residual cointegration tests to find the long run relationship between sectoral FDI and industrial economic growth of Pakistan and the. Results revealed that sectoral FDI has positively and significantly affect the industrial growth of Pakistan.
引用
收藏
页码：151 / 165
页数：15
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