: This study analyzes the effect of Foreign Capital Inflow (FCI) on the economic growth of a developing economy, like Pakistan. Empirical analysis has been performed by using a recent cointegration technique, Autoregressive Distributed Lag (ARDL) method. The result shows that foreign direct...

: This paper investigates the direction of causality between exchange rate and trade (exports and imports) for a developing country like Pakistan, utilizing the monthly time series data covering the period 1995-2006. Cointegration and causality tests were conducted to assess the link between...