Title :
Notice of Retraction
Empirical analysis of portfolio investments in Pakistan
Author_Institution :
Dept. of Bus. Adm., Fatima Jinnah Women Univ., Rawalpindi, Pakistan
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Foreign private investment could play a vital role in the economic growth of developing countries, provided that governments play an active role in attracting and accelerating the benefits of foreign investment. In this paper, I have used the data of some variables affecting capital & financial account from 1986 to 2006 to generate some results. I have emphasized the Granger causality test and impulse response functions to analyze the dynamic influence of Foreign Portfolio Investment to the capital and financial accounts, as well as the GDP of Pakistan. The results suggest that foreign portfolio investment has a negative effect on current account balance and a positive effect on capital and financial account.
Keywords :
economic indicators; investment; statistical analysis; Granger causality test; Gross Domestic Product; capital account; economic growth; financial account; foreign portfolio investments; foreign private investment; impulse response functions; Economic indicators; Investments; Augmented Dickey-Fuller Test; Empirical Analysis; Foreign Portfolio Investment; Impulse Response Function;
Conference_Titel :
Advanced Computer Theory and Engineering (ICACTE), 2010 3rd International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4244-6539-2
DOI :
10.1109/ICACTE.2010.5579803
