This empirical study examines the effects of terms-of-trade (TOT) volatility on inflation in Pakistan, using annual … Pakistan. This result is robust to alternative equation specifications and TOT volatility measures. Output growth has a …

Pakistan. For this purpose, we have used multivariate cointegration and a vector error correction model. The study covers the …-run relationship between inflation and trade openness, which confirms the existence of Romer’s hypothesis in Pakistan. …

This article attempts to show that a strategy for accelerated growth for Pakistan is both necessary and feasible …. Pakistan’s macroeconomic conditions are broadly similar to some of its more rapidly growing neighbors. The country … rate—particularly, private investment—and strengthen Pakistan’s competitiveness in the world market. A national strategy is …