Estimating the key determinants of foreign direct investment flows in Pakistan: new insights into the co-integration relationship

• Main Authors: Saleem, Hummera, Shabbir, Malik Shahzad, Khan, Bilal, Aziz, Shahab, Md. Husin, Maizaitulaidawati, Abbasi, Bilal Ahmed
• Format: Article
• Published: Emerald Group Holdings Ltd. 2020
• Subjects: HB Economic Theory
• Online Access: http://eprints.utm.my/id/eprint/90203/; http://dx.doi.org/10.1108/SAJBS-07-2019-0123

Purpose: This empirical analysis tries to examine determinants of private foreign direct investment (FDI) in Pakistan using the bounds test approach. Main determinants of FDI among them are the size of the market (Q) macroeconomic stability (r), political stability (PRS), real exchange rate (REX) an...