Country-of-origin effects on technology transfer in foreign direct investment

Chan, Sok-Gee; Har, Wai-Mun; Kanapathy, Kanagi; Celik, Saban; Aktan, Bora

doi:10.1080/09638199.2023.2262615

Cited by 1 publication

(1 citation statement)

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“…Numerous country studies that examine the impact of foreign capital inflows on economic growth can be found in a plethora of literature. Positive spillover effects have been identified, for example, in studies conducted for Mexico (Chan, Har, Kanapathy, Celik, & Aktan, 2023;Hakro & Ghumro, 2007;Iqbal, Ahmad, Haider, & Anwar, 2014). These contradictory findings might be used to highlight the significance of recipient nation characteristics in enabling a significant and positive spillover effect of foreign inflows on economic growth.…”

Section: Literature Reviewmentioning

confidence: 99%

Analyzing the Financial Sector Nexus Economic Growth of Pakistan: New Insights from ARDL Approach

Kanwal,

Hassan,

Butt

2023

iRASD J. Eco.

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In the context of Pakistan, this study looks at how local financial sector expansion and foreign capital inflows affect economic growth. The Error Correction Model is used for short run connections and the ARDL bounds testing technique to cointegration is used for long run interactions, using yearly data series from the Economic Survey of Pakistan and the WDI for the years 1998–2022. Empirical research indicates that foreign capital inflows boost economic expansion. Economic growth is facilitated by both government investment and the expansion of the financial sector. Technology, the human capital pool, and remittances all contribute positively to economic growth. According to the latest report, financial reforms should be implemented by the Pakistani government to increase the effectiveness of the country's financial industry and, eventually, accelerate economic growth.

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Section: Literature Reviewmentioning

confidence: 99%