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Journal of Business & Financial Affairs

ISSN: 2167-0234

Open Access

Muhammad Bilal


Sub-campus Mianwali, University Road, Sargodha 40100
Pakistan

Publications
  • Research Article
    Relationship between FDI and GDP: A Case Study of South Asian Countries
    Author(s): Baig MM, Kiran S and Muhammad BilalBaig MM, Kiran S and Muhammad Bilal

    The basic objective of this study is to compute the long run relationship between FDI and GDP for south ASIAN countries (Pakistan, Nepal, Bhutan, India and Maldives). For this purpose, the FDI and GDP data of south Asian countries is collected for the period 1991-2012.the data was analyzed by using technique of unit root test, Johnson co-integration and granger causality test. The unit root test (ADF) augmented test confirmed that data is not stationary at level but it is stationary at first difference. The Result of co integration test indicates that there exist co-integration equations at the 0.05 level. The granger test shows that FDI and GDP in case of Nepal cause a unidirectional causality. The study will help and give guiding principle to policymaker and investor make scheme to prop up economic growth in Pakistan which is suffering from a high ratio of unemployment... Read More»
    DOI: 10.4172/2167-0234.1000199

    Abstract PDF

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