Abstract
The purpose of current research is to investigate the effects of terrorism,
corruption and market size by Gross Domestic Product (GDP) growth rate
on inward !"#$%& '$"#() *&+#,)-#&) ( '*) in the context of Pakistan
over the period 1973–2017. After checking the integration order of time
series data using the most popular test./%-#&)#0 '$(1#2 /33#" (.' ),
we implementedthe ./)!"#%"#,,$+# '$,)"$4/)#0 56% (.7'5) bound
testing method. The empirical results show that both corruption and
terrorism have significant negative impacts, while market size has a
significant positive effect on FDI inflows in Pakistan. The findings suggest
that policy makers and the government must pay attention to these
distressing determinants of FDI. A good control over corruption and
terrorism will attract more FDI in Pakistan which will help Pakistan in
achieving her macroeconomic goals such as enhancing economic growth
and employment generation among others.
Muhammad Azam, Muhammad Atif Nawaz, Madiha Riaz. (2019) Does Corruption and Terrorism Affect Foreign Direct Investment Inflows into Pakistan?, Journal of Managerial Sciences, Volume 13, special.
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