Foreign Direct Investment, Exports, and Domestic Output in Pakistan
نویسندگان
چکیده
منابع مشابه
Foreign Direct Investment, Exports and Aggregate Productivity
Empirical evidence confirms that trade exposure can shift resources towards the most efficient firms in an industry and induce substantial increases in aggregate productivity. Although recent studies document that much of world trade is controlled by multinational firms, few examine the effect of foreign direct investment decisions on resource allocation and aggregate productivity. This paper p...
متن کاملForeign Direct Investment, Exports & Aggregate Productivity
Empirical evidence confirms that trade exposure can shift resources towards the most efficient firms in an industry and induce substantial increases in aggregate productivity. Although recent studies document that much of world trade is controlled by multinational firms, few examine the effect of foreign direct investment decisions on resource allocation and aggregate productivity. This paper p...
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We explore entry into a foreign market with uncertain demand growth. A multinational can serve the foreign demand by two modes, or by a combination thereof: it can export its product, or it can create productive capacity via Foreign Direct Investment. The advantage of FDI is that it allows lower marginal cost than exports. The disadvantage is that FDI is irreversible and, hence, entails the ris...
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Investment is an important driver of growth in both developed and developing countries. There has been a significant increase in domestic investment in Africa over the past two decades. However, despite consistent growth and international support through overseas development assistance (ODA), most countries on the continent still see a wide gap between investment requirements and domestic resou...
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The paper empirically identifies the determinants of growth in foreign direct investment (FDI) in Pakistan over the period 1961 to 2003. Our main interest is to study how different variables or indicators reflecting trade, fiscal and financial sector liberalization attract FDI in Pakistan. The study uses the Cointegration and error-correction techniques to identify the variables in explaining t...
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ژورنال
عنوان ژورنال: The Pakistan Development Review
سال: 2003
ISSN: 0030-9729
DOI: 10.30541/v42i4iipp.715-723