During the last few decades, governments of developing countries have increasingly viewed foreign direct investment (FDIs) as a catalyst for economic growth. This study investigates the impact of FDI on economic growth of Pakistan by using Endogenous Growth Model. Out of a number of variables...

During the last few decades, governments of developing countries have increasingly viewed foreign direct investment (FDIs) as a catalyst for economic growth. This study investigates the impact of FDI on economic growth of Pakistan by using Endogenous Growth Model. Out of a number of variables...

Non-performing loans has been a limiting factor in smooth growth of commercial banking. To augment the literature in this dimension, this paper subjects the findings of Mehmood et al. (2013) to rigorous statistical treatment and reexamines the relationship found therein. It empirically tests the...

This study is an attempt to revisit the causal relationship between coal consumption and economic growth in case of Pakistan. The present study covers the period of 1974-2010. The direction of causality between the variable is investigated by applying the VECM Granger causality approach. Our...