Impact of Employment and Investment on Economic Growth in Pakistan: A Time Series Analysis

Abstract

Zaib un Nisa

By utilizing the time series data, this research examine the connection between saving as well as economic growth. For empirical analysis, the technique of ordinary least squares is used. The evaluation takes place in two components. The first one explains the correlation matrix and descriptive statistics. In the second part, the multivariate analysis examines how economic growth determines Pakistani saving. This indicates that the employed labor force, the exchange rate and gross domestic saving have a helpful and important influence on GDP. FDI and gross fixed investment have a negative but insignificant effect on GDP. The government is recommended to provide a favorable environment and tax incentives to improve FDI. These will Country’s gross domestic product promotion is done by this. To do this, the industrial and agricultural sectors country must remain stable. A favorable business environment for investment in Pakistan must be created

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