Analyzing Short-Runand Long-Run Causality between FDI Flows, Labour Productivity and Education in Pakistan

Abstract: FDI inflows play a very important role in increasing the productivity of factors of production through the channel of technology transfer and establishment of MNCs. This study empirically analyzes the causal relationship, for both short and long run, between FDI inflows, labor productivity and education in case of Pakistan using time series data from 1971-2016. The present study concentrates only on labor productivity since Pakistan is a labor abundant country using labor-intensive techniques of production. The innovative aspect of this study lies in its proxy measure of education and econometric techniques employed for carrying out empirical analysis. For measuring impact of education, government spending on education as percent of GDP has been used whereas for empirical analysis, it uses the latest test for measuring causality i.e., Breitung-Candelon Granger Causality test in frequency domain (both old and new versions) along-with the traditional approach of Johansen Cointegratio

Object Details

• Location: Deutsche Nationalbibliothek Frankfurt am Main
• Extent: Online-Ressource, 59 S.
• Language: Englisch
• Notes: Veröffentlichungsversion

References and Relationships

• Bibliographic citation: ZÖSS Discussion Paper ; Bd. 61

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Veröffentlichung
• (where): Hamburg
• (when): 2017
• Creator: Serfraz, Ayesha
• Contributor: Universität Hamburg, Fak. Wirtschafts- und Sozialwissenschaften, FB Sozialökonomie, Zentrum für Ökonomische und Soziologische Studien (ZÖSS)

Further information

• URN: urn:nbn:de:0168-ssoar-59928-4
• Rights: Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Last update: 25.03.2025, 1:46 PM CET