TY  - JOUR
TT  - How Terrorism Affects Foreign Direct Investment in Pakistan?
AU  - Ali, Hashmat
AU  - Qingshi, Wang
AU  - Ullah, İrfan
AU  - Ali, Zulfiqar
PY  - 2017
DA  - September
JF  - International Journal of Economics and Financial Issues
JO  - IJEFI
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4138
SP  - 625
EP  - 631
VL  - 7
IS  - 3
KW  - Terrorism
KW  - Foreign Direct Investment
KW  - Emerging Economy
N2  - This study is an attempt to investigate the long run interplay between the terrorism and foreign direct investment (FDI) in Pakistan. Terrorism is measured by the number of events, fatalities and injuries with other variables. In this paper, annual time series data is taken from the Global Terrorism Database and World Development indicators, from the period 1980-2015. In the study, we have employed Johansen co-integration approach to examine the long run relationship between the mentioned variables. The study concludes that FDI has a negative significant relationship with fatalities and injuries whereas events have no long-run relationship with FDI. This reflects that fatalities and injuries which occur due to terrorist activities significantly affect the flow of foreign inflows into Pakistan.
UR  - https://dergipark.org.tr/en/pub/ijefi/issue//354309
L1  - https://dergipark.org.tr/en/download/article-file/365442
ER  -