Impact of Foreign Direct Investment on Gross Domestic Product (A Case of SAARC Countries)

1
Malik Muhammad Shafiq
Malik Muhammad Shafiq
2
Dr. Qaiser Abbas
Dr. Qaiser Abbas
3
Salman Akbar
Salman Akbar
4
Ali Shan Nasir
Ali Shan Nasir
5
Hafiz Aman Ullah
Hafiz Aman Ullah
6
Muhammad
Muhammad
7
Akram Naseem
Akram Naseem
1 The university of Lahore

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This paper investigates the impact of foreign direct investment on Growth (GDP) of SAARC countries. This relationship is tested by applying multiple regression models. The change in GDP is taken as dependent viable while FDI and inflation are considered as independent variables. The data used for this is ranging from year 2001 to 2010 of SAARC Countries. The result shows that the overall model is significant. There is a positive and significant relationship between GDP and FDI while an insignificant relationship between GDP and inflation.

8 Cites in Articles

References

  1. Muhammad Zahid Awan,Bakhtiar Khan,Khair (2010). A Nexus between Foreign Direct Investment & Pakistan's Economy.
  2. (2010). A Note on Causal Relationship between FDI and Savings in Bangladesh, Mohammad SALAHUDDIN, Muhammad SHAHBAZ and Muhammad IRFAN CHANI.
  3. (2008). Does Foreign Direct Investment Promote Economic Growth? Evidence from a Threshold Regression Analysis.
  4. Pradeep Agrawal (2000). Foreign Direct Investment in South Asia: Impact on Economic Growth and Local Investment.
  5. (2004). FDI and economic growth: the role of localFinancial markets, Laura Alfaroa, Areendam Chandab, Sebnem Kalemli-Ozcanc.
  6. M Anokye,George Adam,Tweneboah (2009). Foreign Direct Investment and Stock Market Development: Ghana's Evidence.
  7. A Mihir,C Desai,Fritz Foley,James Hines (2005). Foreign Direct Investment and the Domestic Capital Stock.
  8. (2003). Foreign direct investment, economic freedom and growth: new evidence from Latin America, Marta Bengoa, Blanca Sanchez-Robles.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

Malik Muhammad Shafiq. 1970. \u201cImpact of Foreign Direct Investment on Gross Domestic Product (A Case of SAARC Countries)\u201d. Unknown Journal GJMBR Volume 11 (GJMBR Volume 11 Issue 8): .

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This paper investigates the impact of foreign direct investment on Growth (GDP) of SAARC countries. This relationship is tested by applying multiple regression models. The change in GDP is taken as dependent viable while FDI and inflation are considered as independent variables. The data used for this is ranging from year 2001 to 2010 of SAARC Countries. The result shows that the overall model is significant. There is a positive and significant relationship between GDP and FDI while an insignificant relationship between GDP and inflation.

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Impact of Foreign Direct Investment on Gross Domestic Product (A Case of SAARC Countries)

Dr. Qaiser Abbas
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Ali Shan Nasir
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Hafiz Aman Ullah
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Akram Naseem
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