*PhD Scholar, School of Economics Finance and Banking (SEFB), College of Business (COB), Universiti Utara Malaysia
**Associate Professor, School of Economics Finance and Banking (SEFB), College of Business (COB), Universiti Utara Malaysia
This paper examines the impact of foreign direct investment (FDI) on life expectancy and infant mortality rate under-5 using time series data over the period of 1980–2017. We have applied unit root as well as co-integration tests to examine integrating properties of the variables and co-integration among the variables. Moreover, we apply the ARDL approach to measure the long-run and short-run impact of FDI on life expectancy and the infant mortality rate under-5. The empirical evidence confirms the presence of co-integration amid the variables. FDI increase population health measured by life expectancy and to reduce the infant mortality rate under-5 in the long-run.
FDI, life expectancy, infant mortality rate under-5, Pakistan
