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ARDL – Analysis of the Relationship among Exports, FDI, Current Account Deficit and Economic Growth in Pakistan | ||
| Iranian Economic Review | ||
| مقاله 5، دوره 24، شماره 2، مرداد 2020، صفحه 393-414 اصل مقاله (929.8 K) | ||
| شناسه دیجیتال (DOI): 10.22059/ier.2020.76010 | ||
| نویسنده | ||
| Khalid Mahmood Zafar* | ||
| SDM, Education Department, Dera Ismail Khan, Pakistan | ||
| چکیده | ||
| This paper empirically examines the relationship among exports, foreign direct investment, current account deficit, and economic growth in Pakistan during 1975-2016. We adopted the autoregressive distributed lag (ARDL) approach to co-integration together with ECM techniques to trace long-run and short-run relationships. The results demonstrate a positive and significant relationship between exports, foreign direct investment, and economic growth in Pakistan in the long and short-run. In contrast, results depict that the current account deficit is negatively and significantly correlated to economic growth in the long-run and short-run. Furthermore, the Granger causality test reports the unidirectional causality from exports to economic growth. | ||
| کلیدواژهها | ||
| Economic Growth؛ Exports؛ ARDL؛ ECM؛ Causality؛ Pakistan | ||
| مراجع | ||
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