文章基本信息

标题：An Estimation of Relationship between Foreign Direct Investment and Industrial Structure Upgrading in Pakistan: Decomposition Analysis
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作者：Zhao Yulin ; Muhammad Mudassar
期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2013
卷号：4
期号：5
页码：176-182
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：FDI plays an important role in the industrial structure transformation in Pakistan over the years. However, due to the turbulent international financial markets, political instability, frequent strike processions, deteriorating law and order situation, energy crisis and so on, have resulted in FDI fluctuations which seriously impacts the normal operation of the national economy in general and have severe implications for industrial structure improvement in particular. As a result, FDI in Pakistan declined sharply. Many foreign enterprises withdraw their business from Pakistan. There is an urgent need for industrial structure upgrading in Pakistan so as to regain the considerable market potential and attract more FDI in the country. This paper uses co integration analysis and dynamic variance decomposition, to present the relationship between FDI and Pakistan’s industrial structure upgrading. The result shows that there is a stable relationship between FDI and industrial structure upgrading especially in the long-term. Moreover to successfully achieve the task of dual transformation of stabilizing economy for attracting more FDI and upgrading industrial structure government have to follow a viable policy option culminating the hindrances in the process of sustainable development.
关键词：Foreign Direct Investment; Industrial Structure; Political Stability; Decomposition analysis