Asghar, Nabila; Nasreen, Samia; Rehman, Hafeez ur - In: Review of Economics & Finance 2 (2012) February, pp. 84-96
This study examines empirically the relationship between FDI and economic growth using heterogeneous panel for the period 1983-2008. The empirical findings of Larsson panel co-integration show that FDI and economic growth are cointegrated. FMOLS results reveal that FDI and economic growth are...