Impact of Technological Progress on International Trade in Pakistan: An Empirical Analysis

Abstract

The study aims to identify the impact of technological progress on international trade in Pakistan over the time span from 1990 to 2021. The study employed linear regression model to find the relationship among the variables like technological progress, foreign direct investment (FDI), economic growth, local investment and international trade. The results indicate that the impact of technological progress on international trade is positive and significant for the specified period in Pakistan. The findings also show that FDI, economic growth, and capital formation have a positive effect on international trade.