Pakistan. ARDL bound testing approach to co-integration confirms the existence of long run relationship among the variables of …

The main focus of the study is to find the determinants of money demand in Pakistan. We used disaggregated expenditures … expenditures and government expenditures respectively. It is less elastic to expenditures on exports and price level in Pakistan …. Time trend plays a very significant role in determining the money demand in case of Pakistan. In the short run only one …

decline and development indicators in Pakistan. Bound Testing approach (ARDL) and VECM are applied on annual time series data …