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文章基本信息

  • 标题:GLOBALIZATION, ECONOMIC DEVELOPMENT AND TRADE GROWTH IN PAKISTAN
  • 本地全文:下载
  • 作者:Ikhtiar Ahmed Ghumro ; Khalid Hussain Shaikh ; Asif Ali Shah
  • 期刊名称:Asian Journal of Business and Management Sciences
  • 电子版ISSN:2047-2528
  • 出版年度:2012
  • 卷号:1
  • 期号:04
  • 页码:141-146
  • 出版社:Society for Business Research Promotion
  • 摘要:The research investigates the causality relationship between Globalization, Trade Economic growth in Pakistan. Using quarterly time series data from 1998 to 2009, this paper examines the causality relationship between foreign direct investment, international trade and economic growth in Pakistan. In VAR model, the integration and cointegration analysis suggested that there is a long run relationship among the factors. The results of VECM causality test find bidirectional causality between foreign direct investment, export and economic growth, with are two important factors that enhance the affect of economic growth in Pakistan. Foreign Direct Investment has positive impact on the trade growth in Pakistan. It was revealed that government should play a positive role in proving security to the investors around the globe. It was further revealed that Investment should invest in various parts of Baluchistan as well as Rural part of Sindh province. Full Text
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