Khan, Rana Ejaz Ali; Sattar, Rashid; Rehman, Hafeez Ur - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 6 (2012) 1, pp. 83-96
the study is to examine the causality between exchange rate, trade, inflation, FDI and GDP through a series of models. On … rate and inflation, but there exists long-run equilibrium relationship between exchange rate and trade. There is also long …-run equilibrium relationship between exchange rate and FDI and causality runs in both directions, i.e. exchange rate to FDI and FDI to …