Khan, Muhammad Arshad; Khan, Shujaat Ali - eSocialSciences - 2012
under the framework of Granger causality and panel cointegration for Pakistan over the period 1981-2008. The result supports … result also supports the evidence of long-run causality running from GDP to FDI, while in the short run, the evidence of two …-way causality between FDI and GDP is identified. At the sectoral level, the effects of FDI on growth vary significantly across …