Trade liberalization, FDI inflows economic growth and environmental sustanaibility in Pakistan and India

Gulzara Tariq, Huaping Sun, Muhammad Haris, Yusheng Kong, Athar Nadeem
2018 Journal of Agriculture and Environment for International Development  
To explore the possible environmental and economic influences of FDI and Trade openness in Pakistan and India is the aim of this study. Especially this study investigates whether trade liberalization harm the environment of Pakistan and India or not. We conducted panel ARDL model for both countries as a group. We found that FDI and CO2 has positive relation with each other in empirical section which shows FDI of both countries could harm their environment. In long run trade has negative
more » ... ion with environment but in short run it has positive correlation. This study concludes that FDI and trade liberalization can boost the economy by crating job opportunities but they harm the environment in Pakistan and India.
doi:10.12895/jaeid.20182.722 doaj:d4b455663d924976adfb68d609419f53 fatcat:gea4q7gimvd4thi4r4ozepzpei