AFZAL, Muhammad - In: Applied Econometrics and International Development 13 (2013) 2, pp. 197-206
This paper has addressed the nature of the casual relationship between national savings and foreign capital in Pakistan over the period 1960 -2010 using the Granger no-causality test based on Toda and Yamamoto (1995) procedure. The results show that no causality is found from foreign capital to...