Impact
of foreign direct investment on economic growth of Pakistan has been discussed
in this paper. This paper used the data for the time period 1996 to 2015 and
statistical techniques, i.e., correlation matrix and regression analysis have
been used to see the effect of independent variable (FDI, exports, domestic
capital, index of human capital and No. of terrorist attacks) on the dependent
variable GDP. The result shows that there is a significant relationship between
foreign direct investment and gross domestic product of the country. Other
independent variables like exports, domestic capital, Index of human capital
and No. of terrorist attacks also affects the economic development of the
country. Expanded exports, more domestic capital and good human capital support
the economic growth and government should try to eradicate terrorism for
attracting more foreign investment.
Please read full article - http://globalpresshub.com/index.php/AJEFM/article/view/844
Please read full article - http://globalpresshub.com/index.php/AJEFM/article/view/844