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The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009. What distinguishes this paper from the earlier studies is the use of robust estimation technique of Autoregressive Distributed Lag (ARDL) model utilizing the bounds test...
Persistent link: https://www.econbiz.de/10010539659
, over the long run, the export financing scheme had a negative effect on exports while the rebate/refund scheme affected …Throughout Pakistans history, policy has sought to promote exports through government support and incentives. The … government machinery is geared to export promotion especially through direct and indirect subsidies. Surprisingly, these policies …
Persistent link: https://www.econbiz.de/10009363429
) government bonds, the People’s Republic of China (PRC) needs a currency with international status that can match its economic …
Persistent link: https://www.econbiz.de/10011278039
) government bonds, the People’s Republic of China (PRC) needs a currency with international status that can match its economic …
Persistent link: https://www.econbiz.de/10011278134
behind us. We argue that, for rebalancing its economy, China needs a comprehensive package focusing on further liberalization …
Persistent link: https://www.econbiz.de/10009363979
China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is …, in order to foster export-led growth. The costs and benefits of this approach need to factor in the extent to which … in real terms) in both India and China. We find that through the great business cycle boom of the early 2000s, both …
Persistent link: https://www.econbiz.de/10009365475
Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee. An attempt is made to study the interlinkages among the spot, forward and NDF markets for...
Persistent link: https://www.econbiz.de/10005699346