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Gross domestic product (GDP) is shown to possess three new desiderata. First, GDP is almost perfectly correlated over time with the first principal component of its three classical indicators. Second, this principal component is in a class of weighted indexes ancillary to GDP. Each ancillary...
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in Pakistan significantly affect size and value factors and also influence the explanatory power of the three …-factor model. Additionally, the paper examines the ability of the three factors to predict the future growth of Pakistan’s economy … domestic product (GDP) growth of Pakistan and remain robust. Our results are robust across sub-periods, risk regimes, and under …
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political economy on Pakistan's economic growth. The current research used quarterly data from 2000 to 2020. The empirical … be enticed to invest in Pakistan …
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