Does Chinese Foreign Direct Investment (FDI) Stimulate Economic Growth in Pakistan? An Application of the Autoregressive Distributed Lag (ARDL Bounds) Testing Approach

The objective of this paper is to ascertain the impact Chinese FDI on economic growth in Pakistan. This study documents exploration determinants Pakistan by emphasizing significant role played and investments renewable energy particular. employs time series data analysis examine relationship between GDP FDI, inflation, trade openness, exchange rates, interest remittances, consumption from 1990 2019. involved performing ARDL bounds test, it was determined that dependent independent variables are linked long term. Furthermore, error correction model negative noteworthy, which checks long-run variables. According findings autoregressive distributed lag (ARDL) model, has a substantial favorable effect Pakistan’s growth. usage long-term association with established particularly energy, will stimulate Our research policy implications, especially when comes energy.