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首页> 外文期刊>European Journal of Business and Management >What is the Effect of Foreign Direct Investment Inflows on Economic Growth in Pakistan? An Empirical Analysis in the Light of Religious Sectarianism as a Catalyst for Terrorism
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What is the Effect of Foreign Direct Investment Inflows on Economic Growth in Pakistan? An Empirical Analysis in the Light of Religious Sectarianism as a Catalyst for Terrorism

机译：外国直接投资流入对巴基斯坦经济增长有何影响？宗教宗派主义作为恐怖主义催化剂的实证分析

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摘要

The present study analyzes the effect of sectarian terrorism on the relationship between FDI inflows and economic growth in Pakistan for the period of 1989-2016. Although there are many factors which affect FDI and economic growth relationship but the factor of terrorism specifically related to religion and sects, is being observed as the main hurdle hindering high amounts of FDI inflows to boost economic growth of Pakistan. An empirical relationship has been tested by analyzing two-way causality between FDI inflows and economic growth of Pakistan by using the techniques of Johansen Cointegration test and Vector error correction model (VECM). The results reveal that both FDI inflows and economic growth are being negatively affected by terrorism (religious sectarianism) in Pakistan.
机译：本研究分析了宗派恐怖主义对1989-2016年期间巴基斯坦FDI流入与经济增长之间关系的影响。尽管有许多因素影响着外国直接投资与经济增长的关系，但恐怖主义因素特别与宗教和教派有关，这被视为阻碍大量外国直接投资流入以促进巴基斯坦经济增长的主要障碍。通过使用Johansen协整检验和矢量误差校正模型（VECM）的技术分析FDI流入与巴基斯坦经济增长之间的双向因果关系，检验了一种经验关系。结果表明，外国直接投资流入和经济增长都受到巴基斯坦恐怖主义（宗教宗派主义）的负面影响。

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