his paper empirically examines the relationship among exports, foreign direct investment, current account deficit and economic growth in Pakistan during the period 1975-2016.We adopted the autoregressive distributed lag (ARDL) approach to co-integration together with ECM techniques to trace the long-run as well as the short-run relationships. The results demonstrate the existence of a positive and significant relationship among exports, foreign direct investment and economic growth both in the long-run and short-run in Pakistan. While, results depict that current account deficit is negatively and significantly correlated to economic growth in the long-run and short-run. Furthermore, the Granger causality test reports the unidirectional causality running from exports to economic growth.
Zafar, K. (2020). ARDL – Analysis of the Relationship among Exports, FDI, Current Account Deficit and Economic Growth in Pakistan. Iranian Economic Review, 24(2), 393-414. doi: 10.22059/ier.2020.76010
MLA
Khalid Mahmood Zafar. "ARDL – Analysis of the Relationship among Exports, FDI, Current Account Deficit and Economic Growth in Pakistan". Iranian Economic Review, 24, 2, 2020, 393-414. doi: 10.22059/ier.2020.76010
HARVARD
Zafar, K. (2020). 'ARDL – Analysis of the Relationship among Exports, FDI, Current Account Deficit and Economic Growth in Pakistan', Iranian Economic Review, 24(2), pp. 393-414. doi: 10.22059/ier.2020.76010
VANCOUVER
Zafar, K. ARDL – Analysis of the Relationship among Exports, FDI, Current Account Deficit and Economic Growth in Pakistan. Iranian Economic Review, 2020; 24(2): 393-414. doi: 10.22059/ier.2020.76010
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