Contributing Factors of Inland Investment

Contributing Factors of Inland Investment

Malik Shahzad Shabbir

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1 University of Lahore

GJMBR Volume 16 Issue C5

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Investment is a catalyst for the economic growth, and the efforts to explore the factors catalyzing investment, whether domestic or foreign, public or private, are unstoppable. The present study attempts to investigate empirically, the factors responsible for shaping up domestic investment in the middle income Asian countries. We use a sample of twelve countries and the data extends over a period of 31 years ending at 2010. We employ empirical Bayesian approach for analysis, after undergoing the preliminary testing of data through panel unit root test, redundancy test and panel co-integration. The results suggests that domestic investment is positively determined by lagged investment, real GDP per capita growth, domestic credit to private sector, domestic saving, trade and government expenditures whereas a negative relationship of domestic investment is observed with inflation and interest rate. Findings of the study provide a torch to the policy makers who intend to boost domestic investment for attaining higher growth rates.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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Malik Shahzad Shabbir. 2016. \u201cContributing Factors of Inland Investment\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 16 (GJMBR Volume 16 Issue C5): .

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GJMBR Volume 16 Issue C5
Pg. 11- 23

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification: JEL Code: G24

Submission ReceivedDecember 12, 2015
RevisedDecember 12, 2015
Peer Review Double Blind
Handling Editor
Accepted January 4, 2016
Published January 15, 2016

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Issue date

May 31, 2016

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English

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Total Score: 101

Country: Pakistan

Subject: Global Journal of Management and Business Research - C: Finance

Authors: Malik Shahzad Shabbir (PhD/Dr. count: 0)

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