Khan, Sajawal; Khan, Muhammad Arshad - Pakistan Institute of Development Economics - 2007
This study is an attempt to analyse the determinants of private investment in Pakistan over the period 1972-2005. The …-out hypothesis in the case of Pakistan. However, the hypothesis that the volume of the funds is as important as the cost of the funds … used in financing private investment and the McKinnon-Shaw hypothesis are not verified in the case of Pakistan. …