Abstract:
Purpose:
The prime objective ofthe study is to scrutinize the
(FDI), Human Capital and Globalization i
1970 to 2019.
contribution offoreign direct investment
in economic growth of Pakistan over the period of
Methodology & Design:
This is time series study covering the data from 1970 to 2019. Data is obtained from World
Bank annual report. HAC (heteroscedasticity- and autocorrelation-consistent) is used to
HAC method can handle problems of heteroscedasticity and autocorrelation
in time series data. Eviews software was used to
Findings
Human Capital has impact on Pakistan's economic growth, according to the research. FDI
and globalization, on the other hand, have had a substantial impact on Pakistan's economic
growth.
estimate model.
run regression.
Limitations
Although this study makes a significant contribution to the economic growth ofPakistan but
still this study is not without limitations. As a matter of fact due to. time limit the research
was directed through a not very large sample to make conceivable generalizability for the
outcome. In this manner future research can inspect these factors by utilizing a bigger sample
size. Also, in this study only simple regression along with multicollinearity test was run
