Determinants of Bilateral Foreign Direct Investment Inflows in Pakistan from Major Investing Countries: A Dynamic Panel Approach
Determinants of Bilateral Foreign Direct Investment Inflows in Pakistan from Major Investing Countries: A Dynamic Panel Approach
Author(s): Haider MahmoodSubject(s): Business Economy / Management, Economic policy, Government/Political systems, International relations/trade, Political economy
Published by: Reprograph
Keywords: FDI inflows; income; democracy; trade openness;
Summary/Abstract: As attracting inflow of Foreign Direct Investment (FDI) is a red-hot issue nowadays and it has become an ultimate goal of any developing country. This paper targets to inspect the effects of income, institutional quality (democracy) and trade openness on FDI inflows of Pakistan by applying dynamic PMG estimators. 24 FDI contributing countries are considered for a period of 1985-2014 for investigation. This paper finds the evidence for a positive contribution of income of both Pakistan and investing countries and trade openness in FDI inflows. Institutional quality can only attract FDI in short run.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: XI/2016
- Issue No: 45
- Page Range: 1471-1472
- Page Count: 2
- Language: English