Abstract
This study aims to analyze the impact of Foreign Direct Investment(FDI), external debt
and population growth on economic progress of Pakistan by using time series data from
1980 to 2014. It analyzes the correlation between Gross Domestic Product(GDP),FDI,
external debt and population growth. Augmented Dickey Fuller test has been used to
check stationarity in time series data. To evaluate the empirical results multiple
regression method is used. GDP has been used as a dependent variable while FDI,
external debt and population as independent variables. Findings of this paper show the
positive and significant impact of FDI, and population growth on GDP but external debt
has negative impact on GDP.
Shoukat Ali, M.Athar Hussain, Aqsa Zulqaif. (2016) IMPACT OF FOREIGN DIRECT INVESTMENT, EXTERNAL DEBT AND POPULATION ON ECONOMIC GROWTH OF PAKISTAN: 1980-2014, Journal of Social Science and Humanities, Volume 55, Issue 2.
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