Khan, Muhammad Arshad; Khan, Shujaat Ali - eSocialSciences - 2012
This paper establishes an empirical relationship between industry -specific foreign direct investment (FDI) and output … 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 …