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Johansen.s maximum likelihood co-integration test and multivariate Granger causality test developed by Yamamoto and Toda (1995 … (FDIs) as a catalyst for economic growth. This study investigates the impact of FDI on economic growth of Pakistan by using … Direct Investment (FDI), Domestic Savings, Employed Labour Force, Capital Formation, Human Capital Index and Balance of Trade …
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revealed the opposite result. Studies that examined the causality between FDI and gross domestic product (GDP) also have found … causality to explore the direction of causality. The augmented ARDL model found a long-run relationship between FDI and GDP. In …The relationship between foreign direct investment (FDI) inflows and economic growth in host countries is a heavily …
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