Title :
FDI in Pakistan: Impact on GNP and capital financial account
Author :
Salman, Asma ; Feng, Hui Xiao
Author_Institution :
Sch. of Manage., Harbin Inst. of Technol., Harbin, China
Abstract :
In this paper, we have used the data of some variables affecting current account balance and capital & financial account balance from 1985 to 2005 to generate some results. We have emphasized the Granger causality test and impulse response functions to analyze the dynamic influence of FDI to the capital and financial accounts, as well as the GNP of Pakistan. The results suggest that FDI has a negative effect on current account and a positive affect on capital and financial account.
Keywords :
economic indicators; time series; FDI; GNP; Granger causality test; capital financial account; impulse response functions; Data engineering; Economic indicators; Equations; Fault detection; Financial management; Impulse testing; Investments; Random processes; Statistics; Technology management; FDI; GNP; Granger Causality Test; Impulse Response Functions;
Conference_Titel :
Financial Theory and Engineering (ICFTE), 2010 International Conference on
Conference_Location :
Dubai
Print_ISBN :
978-1-4244-7757-9
Electronic_ISBN :
978-1-4244-7759-3
DOI :
10.1109/ICFTE.2010.5499389