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Impact of Exchange Rate on Foreign Private Investment in Pakistan

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  • Muhammad Asif
  • Bahadar Shah

Abstract

This study is focused on analyzing exchange rates on foreign private investment in Pakistan. Times series data from periods 1973 to 2012 was used for the analysis. The results of estimation suggest that an exchange rate and gross domestic product are the most important variable that affects private foreign investment in Pakistan. Exchange rate was recommended to be more market responsive compared to the other variables of the model.

Suggested Citation

  • Muhammad Asif & Bahadar Shah, 2013. "Impact of Exchange Rate on Foreign Private Investment in Pakistan," Oeconomics of Knowledge, Saphira Publishing House, vol. 5(4), pages 9-16, October.
    • Handle: RePEc:eok:journl:v:5:y:2013:i:4:p:9-16
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    References listed on IDEAS

    as
    1. Huang, Can & Sharif, Naubahar, 2009. "Manufacturing dynamics and spillovers: The case of Guangdong Province and Hong Kong, Macau, and Taiwan (HKMT)," Research Policy, Elsevier, vol. 38(5), pages 813-828, June.
    2. Mr. Ewe-Ghee Lim, 2001. "Determinants of, and the Relation Between, Foreign Direct Investment and Growth: A Summary of the Recent Literature," IMF Working Papers 2001/175, International Monetary Fund.
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    Cited by:

    1. Muhammad Asif & Abdul Majid, 2018. "Institutional quality, natural resources and FDI: empirical evidence from Pakistan," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 8(4), pages 391-407, December.

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    More about this item

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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