Research Article

Domestic Investment, Foreign Direct Investment, and Economic Growth Nexus: A Case of Pakistan

Table 1

Results of PP unit root tests.

VariablesWith constantWith constant and trend

LNFDI−2.86−3.31
LNDINV−1.32−2.18
LNGDP−1.89−2.80
ΔLNFDI−6.82*−6.84*
ΔLNDINV−4.51*−4.53*
ΔLNGDP−8.12*−11.03*

Note: critical values for constant at 1% and 5% are −3.64 and −2.95 whereas values for constant with trend are −4.25 and −3.55.
show significant at 1 percent level.