What type of study is this?

This is a Meta-Analysis study (also classified as: Multiple Regression).

September 10, 2025

Relationship between the Financial Market Growth, FDI, Trade Openness, with Economic Growth in Pakistan

Key Points

The study shows a strong positive relationship between trade openness and economic growth in Pakistan.
Findings indicate that FDI positively influences economic growth, supporting policy directions towards liberalization.
Financial market growth appears to exert a negative impact on economic growth in the long run in this context.
Multiple regression analysis highlights these dynamics, indicating the need for targeted economic policies.

Abstract

This study attempts to analyze the relationship between FDI, financial market growth, and trade openness with economic growth by using annual time series data (1989-2013). The second is the meta-analysis using NVivo software for the interpretation of different past studies. A multiple regression test has been applied to check the cause-and-effect relationship between these variables. The results support a strong positive impact of trade openness and FDI, and a negative with financial market growth on economic growth in the long run. For achieving higher economic growth in Pakistan, attention must be directed towards decisive economic policies related to liberalizing trade and utilizing maximum resources for the growth of the financial market and Trade openness in Pakistan. The results are valuable for both academics and investors.

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