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International Journal of Economics & Management Sciences

ISSN: 2162-6359

Open Access

Chunjiao Yu

Department of International Economics and Trade, Hubei University, China

Publications
  • Research Article   
    Relationship between Power Energy Consumption, FDI and Economic Growth: A Case Study of Pakistan
    Author(s): Saddam Hussain* and Chunjiao Yu

    This study investigates the causal relationship between power energy consumption, FDI and Economic growth in Pakistan using time series data from 1965 to 2019. Johansen co-integration test is employed for finding out relationship and Granger causality test is used to find the direction of causality amongst the variables used. The results Granger test of causality finds unidirectional causality from FDI to GDP growth, a unidirectional causality relationship running from GDP growth toward power energy consumption and from foreign direct investment toward economic growth. Foreign Direct Investment has positive impact on the economic growth and economic growth stimulate energy consumption, so indirectly energy consumption is enhanced with the expansion of FDI, hence the government should pay full attentions to the security of foreign investors and enhance the energy production in order to.. Read More»
    DOI: 10.37421/2162-6359.2021.10.599

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Google Scholar citation report
Citations: 9750

International Journal of Economics & Management Sciences received 9750 citations as per Google Scholar report

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