The primary reason of this study is to test real interest rate and its impact on investment to the extent of Pakistan span from 1964 to 2012. To test the long-term nexus among level of income, interest rate and investment mainly Johansen Cointegration test is employed. The hypothesis of this...

This paper primarily examines whether Malaysia has had experienced any structural breaks in comparison with its main two trading partners, namely the USA and Japan in 1970s, 1980s, 1990s and 2000s. It also discusses the implications of such structural breaks to Malaysia's economic globalization...

The study investigates the role of higher education in economic growth for Pakistan between 1972 and 2005 using the application of Johansen Cointegration and Toda & Yamamoto (1995) Causality approach in Vector Autoregressive (VAR) framework. It examines whether higher education affect long run...

Broadband has become an integral part of digital infrastructure of countries around the globe even in developing regions. Accordingly, this paper investigates the broadband growth nexus for 24 Asian countries for period 2001-2011. Using fixed effects with Driscoll and Kraay standard errors, the...

The current study examines the relationship between GDP fluctuations and private investment by using macro panel approach in a panel of five selected South Asian countries (SSAC) including Bangladesh, India, Nepal, Pakistan and Sri Lanka for the period of 1980-2010. The study applies modern...

The objective of this of the study is to evaluate the role of financial development, Agriculture raw materials and the extent of openness to trade in economic development of Pakistan for the period 1980-2012, by using Vector Auto Regressive (VAR) model. Empirical results showed that there exist...

Defense spending is a multifaceted phenomenon. In recent years, economists and policy makers have been interested in the explanation of the relationship between defense spending and macroeconomic variables especially growth. This study explores the connection between defense outlays and growth...

This paper investigates the human capital and economic growth nexus in the presence of corruption for a disaggregated sample of developed and developing economies, and East, West, and South Asia. For the purpose, Dynamic Panel Data (DPD) and the Generalized Method of Moments (GMM) are employed....

This study examines the relationship between trade liberalization, gender inequality and economic development in 18 selected developing countries over the time period from 1993 to 2017. Panel ARDL approach has been employed to examine the relationship among variables. The results of the study...

The objective of this study is to investigate the macroeconomic performance of agriculture sector in various regimes for the year 1950 to 2010 employing ARDL, and ECM. After examining macroeconomic performance of agriculture sector of Pakistan, under alternative political setup that is...