| ID | 132519 |
| Title Proper | Does the institutional quality matter to attract the foreign direct investment |
| Other Title Information | an empirical investigation for |
| Language | ENG |
| Author | Ahmad, Mohsin Hasnain ; Ahmed, Qazi Masood |
| Publication | 2014. |
| Summary / Abstract (Note) | This study investigates the role of the institutions as a determinant of foreign direct investment (FDI) in the case of Pakistan by applying the autoregressive distributed lag (ARDL) cointegration technique. The results demonstrate that the institutional quality exerts long-run impact in determining the FDI inflows. The findings suggest that institutional quality is an important determinant of the FDI in Pakistan. The joint impact of institutional quality and trade openness is also significant and positively contribute to attract FDI in the short run as well as in the long run. The findings strongly support the hypothesis that simultaneous implementation of policy mix, that is, reducing trade barriers and improvement in institutional quality, play significant role in attracting FDI in a developing country like Pakistan. |
| `In' analytical Note | South Asia Economic Journal Vol.15, No.1; March 2014: p.55-70 |
| Journal Source | South Asia Economic Journal Vol.15, No.1; March 2014: p.55-70 |
| Key Words | Pakistan ; Economic Development ; Economic Integration ; Foreign Direct Investment - FDI ; Autoregressive Distributed Lag - ARDL ; Economic Policy ; Simultaneous Implementation ; Institutional Quality ; Mixed Economy ; Political Economy |