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Foreign Remittances, Foreign Direct Investment, Foreign Imports and Economic Growth in Pakistan: A Time Series Analysis

机译:巴基斯坦的外国汇款,外国直接投资,外国进口和经济增长:时间序列分析

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ABSTRACT This empirical research paper focuses on establishing a relationship between external determinants and economic growth of Pakistan economy. Empirical analyses are carried out with time series econometric techniques using data over the period of 1977-2013. The main finding is that external determinants such as foreign remittances, foreign direct investment, and foreign imports matter from a growth perspective. Foreign remittances and foreign direct investment have a significant positive role in the growth process of Pakistan economy. Furthermore, it is found that foreign imports have adversely influenced the economic growth of Pakistan. The study recommends that policy makers shall take appropriate steps to increase the inflow of both foreign remittances and foreign direct investment in order to achieve the long run economic growth.
机译:摘要这篇实证研究论文侧重于建立外部决定因素与巴基斯坦经济的经济增长之间的关系。使用时间序列计量经济学技术,使用1977-2013年期间的数据进行了实证分析。主要发现是,从增长的角度来看,诸如外国汇款,外国直接投资和外国进口等外部决定因素至关重要。外国汇款和外国直接投资在巴基斯坦经济的增长过程中具有重要的积极作用。此外,发现外国进口对巴基斯坦的经济增长产生了不利影响。该研究建议决策者应采取适当措施,增加外国汇款和外国直接投资的流入,以实现长期的经济增长。

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