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This paper empirically investigates the impact of trade and financial liberalisation on economic growth in Pakistan … using annual observations over the period 1961-2005. The analysis is based on the bound testing approach of cointegration … role in enhancing economic growth in Pakistan in the long-run. However, the short-run responses of the real deposit rate …
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Present study is conducted to measure the impact of financial integration on economic growth in Asian developing economies using panel data of twelve Asian countries from 1984-2012. In first part of analysis, study finds for the direction of causality between financial development and economic...
Persistent link: https://www.econbiz.de/10010791557
Remittances and financial developments have been an important and overgrowing source in accelerating the growth process of many transitional economies. The economies that have enough source of remittance from their expatriate necessitate the well established technology for financial transactions...
Persistent link: https://www.econbiz.de/10010765679
Despite receiving large quantities of foreign aid, Pakistan, like many other developing countries, has remained … sustainable economic growth. The empirical analysis is based on the ARDL cointegration approach, using the data for the period … growth in Pakistan, though conditionally so, i.e., if based on sound macroeconomic policies. …
Persistent link: https://www.econbiz.de/10009368173
This study attempts to analyse the impact of fiscal decentralisation on economic growth. It also examines the complementarity between fiscal decentralisation and democratic institutions in promoting growth. The modelling framework is the endogenous growth model augmented with the measures of...
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