Foreign capital inflows and employment : evidence from South Asian countries

This study is conducted to enlighten the first-line issue of Foreign Capital Inflows (FCI) and employment in South Asian countries such as Bangladesh, India, Pakistan, and Sri Lanka. These countries are inclined to have heavy FCI, since realize the deficiency of capital as root cause of their macroe...

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Main Author:	Mehmood, Khawaja Asif
Format:	Thesis
Language:	eng eng
Published:	2018
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/7959/1/s900227_01.pdf https://etd.uum.edu.my/7959/2/s900227_02.pdf
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id	my-uum-etd.7959
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Hassan, Sallahuddin
topic	HG Finance
spellingShingle	HG Finance Mehmood, Khawaja Asif Foreign capital inflows and employment : evidence from South Asian countries
description	This study is conducted to enlighten the first-line issue of Foreign Capital Inflows (FCI) and employment in South Asian countries such as Bangladesh, India, Pakistan, and Sri Lanka. These countries are inclined to have heavy FCI, since realize the deficiency of capital as root cause of their macroeconomic problems. The study reveals that FCI are evident in their escalation towards South Asian countries however, are less prompt in the evacuation of depressed state of employment. The study was to analyze secondary data for two periods i.e. 1972 to 2014 and 1980 to 2014. Autoregressive distributed lag, impulse response and variance decomposition, fully modified ordinary least square, seemingly unrelated regression, and Granger causality analyses were performed to validate and measure the effects of FCI onto the level of employment. The analyses of autoregressive distributed lag reveal assorted outcomes of each category of FCI at either of the countryside whereas analytics of fully modified ordinary least square divulge worker remittances as the only form of FCI that ascertain positive relationship with employed labor force of South Asian countries. The results of impulse response and variance decomposition also illustrate different impacts of each of the component of FCI whereby Granger causality analyses confirm the causality between employed labor force and the components of FCI. At large, seemingly unrelated regression results suggest that the combined effects of FCI are significant and positive while South Asian countries are segregated. The study concludes to be as substantial for the governments and policy makers of South Asian countries to have different consideration among FCI. The implementation of pragmatic policy can lead towards much more of the progressive fallouts of such vital FCI on raising employment in such countries
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Mehmood, Khawaja Asif
author_facet	Mehmood, Khawaja Asif
author_sort	Mehmood, Khawaja Asif
title	Foreign capital inflows and employment : evidence from South Asian countries
title_short	Foreign capital inflows and employment : evidence from South Asian countries
title_full	Foreign capital inflows and employment : evidence from South Asian countries
title_fullStr	Foreign capital inflows and employment : evidence from South Asian countries
title_full_unstemmed	Foreign capital inflows and employment : evidence from South Asian countries
title_sort	foreign capital inflows and employment : evidence from south asian countries
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2018
url	https://etd.uum.edu.my/7959/1/s900227_01.pdf https://etd.uum.edu.my/7959/2/s900227_02.pdf
_version_	1747828296769339392
spelling	my-uum-etd.79592021-08-11T01:45:17Z Foreign capital inflows and employment : evidence from South Asian countries 2018 Mehmood, Khawaja Asif Hassan, Sallahuddin School of Economics, Finance & Banking School of Economics, Finance & Banking HG Finance This study is conducted to enlighten the first-line issue of Foreign Capital Inflows (FCI) and employment in South Asian countries such as Bangladesh, India, Pakistan, and Sri Lanka. These countries are inclined to have heavy FCI, since realize the deficiency of capital as root cause of their macroeconomic problems. The study reveals that FCI are evident in their escalation towards South Asian countries however, are less prompt in the evacuation of depressed state of employment. The study was to analyze secondary data for two periods i.e. 1972 to 2014 and 1980 to 2014. Autoregressive distributed lag, impulse response and variance decomposition, fully modified ordinary least square, seemingly unrelated regression, and Granger causality analyses were performed to validate and measure the effects of FCI onto the level of employment. The analyses of autoregressive distributed lag reveal assorted outcomes of each category of FCI at either of the countryside whereas analytics of fully modified ordinary least square divulge worker remittances as the only form of FCI that ascertain positive relationship with employed labor force of South Asian countries. The results of impulse response and variance decomposition also illustrate different impacts of each of the component of FCI whereby Granger causality analyses confirm the causality between employed labor force and the components of FCI. At large, seemingly unrelated regression results suggest that the combined effects of FCI are significant and positive while South Asian countries are segregated. The study concludes to be as substantial for the governments and policy makers of South Asian countries to have different consideration among FCI. The implementation of pragmatic policy can lead towards much more of the progressive fallouts of such vital FCI on raising employment in such countries 2018 Thesis https://etd.uum.edu.my/7959/ https://etd.uum.edu.my/7959/1/s900227_01.pdf text eng public https://etd.uum.edu.my/7959/2/s900227_02.pdf text eng public https://sierra.uum.edu.my/record=b1698928~S1 Ph.D. doctoral Universiti Utara Malaysia Adam, C. S., & O'Connell, S. A. (1999). Aid, taxation and development in SubSaharan Africa. Economics and Politics, 11(3), 225-253. Afzal, M. (2007). The impact of globalisation on economic growth of Pakistan. The Pakistan Development Review, 46(4), 723-734. Ajaga, E., & Nunnenkamp, P. (2008). Inward FDI, value added and employment in US states: A panel cointegration approach (Working Paper No. 1420). Kiel, Germany: Jnstitut for Weltwirtschaft. 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