The Impact of Quality of Institutions on Sectoral FDI-Reference-Cited by-同舟云学术

The Impact of Quality of Institutions on Sectoral FDI

Published:2018-05-21 Issue:3 Volume:53 Page:174-188
ISSN:0015-7325
Container-title:Foreign Trade Review
language:en
Short-container-title:Foreign Trade Review

Author:

Ahmad Mohsin Hasnain¹,Ahmed Qazi Masood²,Atiq Zeeshan³

Affiliation:

1. Assistant Professor/Research Economist, Applied Economics Research Centre, University of Karachi, Karachi, Pakistan

2. Professor/Director Research, Institute of Business Administration (IBA), Karachi, Pakistan

3. Assistant Professor, Department of Economics, University of Karachi, Karachi, Pakistan

Abstract

This study addresses the issue whether institutional quality affects the sectoral FDI both in short run and long run in Pakistan. By employing ARDL co-integration technique, we analyse the impact of institutional quality on primary, manufacturing and services sectors FDI in Pakistan. The findings suggest that institutional quality matters in attracting FDI in manufacturing and services sectors in the long run while institutional quality does not have a significant impact on FDI in the primary sector. Moreover, results show that the impact of institutional quality on these sectors is not apparent in short run. The main findings from this research are that in long run institutional quality matters to attract substantial FDI in manufacturing and services sector of Pakistan. Hence, policies aimed at strengthening the institutional quality should be the priority for government. JEL: F21, O43, C22

Publisher

SAGE Publications

Subject

Marketing,General Economics, Econometrics and Finance,Business and International Management

Link

http://journals.sagepub.com/doi/pdf/10.1177/0015732517734757

Reference25 articles.

1. Foreign Direct Investment, Exports, and Domestic Output in Pakistan

2. Do Institutions Matter for Foreign Direct Investment?

3. On the Determinants of Foreign Direct Investment to Developing Countries: Is Africa Different?

4. Promise and Pitfalls in the Use of “Secondary” Data-Sets: Income Inequality in OECD Countries as a Case Study

Cited by 11 articles. 订阅此论文施引文献订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献

1. Impact of institutional environment on foreign direct investment inflow to the manufacturing sector in Ethiopia;RUDN Journal of Economics;2024-03-15

2. Effect of institutional quality on FDI inflows in South Asian and Southeast Asian countries;Heliyon;2024-03

3. FDI–Growth Nexus in Emerging Economies: Role of Financial Sector Development;Foreign Trade Review;2024-02-25

4. Analysis of Sectoral Outcomes and Institutional Quality Nexus in Sub-Saharan Africa;SAGE Open;2023-10

5. Institutional Quality and Foreign Direct Investment: Evidence from OECD Countries;Ekonomický časopis;2023-08-18