Abstract

This study examines the impact of economic growth along with taxes, technology, trade openness and exchange rate on the sustainability of foreign private investment (FPI) in Pakistan. This study uses random effects and generalized least squares estimators and contains data set starting from 1996 to 2017. The results indicate that the Pakistan economy has vastly positive influenced regarding the location and choice of emerging and developed countries’ investment in the domestic market. Furthermore, emerging and developed economies investment increases the contribution among domestic firms to the national economy. The results, which are consistent across models, indicate that Pakistan’s economy is more likely to receive FPI from emerging and developed economies, but the relative intensity of local government efforts, regardless of economic size. Moreover, an increase in likelihood will generate FPI from developed countries.

摘要

本研究考察了经济增长以及税收、技术、贸易开放和汇率对巴基斯坦外国私人投资 (FPI) 可持续性的影响。本研究使用随机效应和广义最小二乘估计量，包含从 1996 年到 2017 年的数据集。结果表明，巴基斯坦经济对新兴和发达国家在国内市场投资的位置和选择产生了巨大的积极影响。此外，新兴和发达经济体的投资增加了国内企业对国民经济的贡献。不同模型的结果一致，表明巴基斯坦经济更有可能从新兴经济体和发达经济体获得 FPI，但地方政府努力的相对强度，无论经济规模如何。