外国直接投资、国内投资、金融发展和经济增长之间的关系:巴基斯坦的NARDL方法

Q3 Economics, Econometrics and Finance

International Journal of Economics and Business Research Pub Date : 2023-01-01 DOI:10.1504/ijebr.2023.127931

Hafiz M. Sohail, Zengfu Li

{"title":"外国直接投资、国内投资、金融发展和经济增长之间的关系:巴基斯坦的NARDL方法","authors":"Hafiz M. Sohail, Zengfu Li","doi":"10.1504/ijebr.2023.127931","DOIUrl":null,"url":null,"abstract":"One of the most recent issues has been the relationship between foreign direct investment and economic development in host economies. This paper examines the nonlinear relationship between economic growth, foreign direct investment, domestic investment, and financial development using annual time series data from 1970 to 2019. We used the nonlinear auto-regressive distribution lag (NARDL) co-integration technique. The results show the positive effects of FDI and DI are more significant than the negative effects and follow a nonlinear direction. As a result, policymakers should tighten their hold on FDI channelling and effectively enforce regulations in order to boost Pakistan's economic development.","PeriodicalId":38095,"journal":{"name":"International Journal of Economics and Business Research","volume":"25 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":"{\"title\":\"Nexus among foreign direct investment, domestic investment, financial development and economic growth: a NARDL approach in Pakistan\",\"authors\":\"Hafiz M. Sohail, Zengfu Li\",\"doi\":\"10.1504/ijebr.2023.127931\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"One of the most recent issues has been the relationship between foreign direct investment and economic development in host economies. This paper examines the nonlinear relationship between economic growth, foreign direct investment, domestic investment, and financial development using annual time series data from 1970 to 2019. We used the nonlinear auto-regressive distribution lag (NARDL) co-integration technique. The results show the positive effects of FDI and DI are more significant than the negative effects and follow a nonlinear direction. As a result, policymakers should tighten their hold on FDI channelling and effectively enforce regulations in order to boost Pakistan's economic development.\",\"PeriodicalId\":38095,\"journal\":{\"name\":\"International Journal of Economics and Business Research\",\"volume\":\"25 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"3\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Economics and Business Research\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1504/ijebr.2023.127931\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Economics, Econometrics and Finance\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Economics and Business Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/ijebr.2023.127931","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}

引用次数: 3

摘要

最近的一个问题是外国直接投资与东道国经济发展之间的关系。本文利用1970 - 2019年的年度时间序列数据，检验了经济增长、外国直接投资、国内投资和金融发展之间的非线性关系。我们使用非线性自回归分布滞后(NARDL)协整技术。结果表明，FDI和FDI的正向效应大于负向效应，且呈非线性变化。因此，政策制定者应该加强对外国直接投资渠道的控制，并有效地执行法规，以促进巴基斯坦的经济发展。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Nexus among foreign direct investment, domestic investment, financial development and economic growth: a NARDL approach in Pakistan

One of the most recent issues has been the relationship between foreign direct investment and economic development in host economies. This paper examines the nonlinear relationship between economic growth, foreign direct investment, domestic investment, and financial development using annual time series data from 1970 to 2019. We used the nonlinear auto-regressive distribution lag (NARDL) co-integration technique. The results show the positive effects of FDI and DI are more significant than the negative effects and follow a nonlinear direction. As a result, policymakers should tighten their hold on FDI channelling and effectively enforce regulations in order to boost Pakistan's economic development.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

International Journal of Economics and Business Research Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.10

自引率

0.00%

发文量

110

期刊介绍： IJEBR addresses economics/business issues that are clearly applicable to private profit-making entities and/or to public policy institutions. It considers all aspects of economics and business, including those combining business and economics with other fields of inquiry. IJEBR, unlike its sister title, Global Business and Economics Review, does not require that authors write papers about the impact/implications of, "globalisation". Instead, it publishes papers with local, national, regional and international implications. IJEBR is sponsored by the Business and Economics Society International.