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

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

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Abstract

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.

References

8 Cites in Article
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  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.
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  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.

How to Cite This Article

Malik Muhammad Shafiq, Dr. Qaiser Abbas, ch_saloo, urattraction, hafizamanullah. 1970. "Impact of Foreign Direct Investment on Gross Domestic Product (A Case of SAARC Countries)". Global Journal of Management and Business Research GJMBR Volume 11 (GJMBR Volume 11 Issue 8).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR Classification JEL Code: F21
Version of record

v1.2

Issue date
August 2, 2011

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

Malik Shafiq
Malik Shafiq The university of Lahore
Dr. Abbas
Dr. Abbas