DocumentCode
2233999
Title
Notice of Retraction
Empirical analysis of portfolio investments in Pakistan
Author
Salman, A.
Author_Institution
Dept. of Bus. Adm., Fatima Jinnah Women Univ., Rawalpindi, Pakistan
Volume
5
fYear
2010
fDate
20-22 Aug. 2010
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.
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;
fLanguage
English
Publisher
ieee
Conference_Titel
Advanced Computer Theory and Engineering (ICACTE), 2010 3rd International Conference on
Conference_Location
Chengdu
ISSN
2154-7491
Print_ISBN
978-1-4244-6539-2
Type
conf
DOI
10.1109/ICACTE.2010.5579803
Filename
5579803
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