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Economic growth is a driving force in reducing poverty, but experience has shown that good governance and pro-poor choices are vitally important in the process of alleviating poverty. This paper explores linkages between governance and pro-poor growth in Pakistan for the period 1996 to 2005. The...
Persistent link: https://www.econbiz.de/10005087529
This study estimates a small simultaneous equation model using panel data from sixty-four countries for the years 1996 and 2004. The model is estimated by various techniques—OLS, TSLS, dummy variable approach introducing variation at the regional level, and fixed and random effect approaches...
Persistent link: https://www.econbiz.de/10005087530
No society is devoid of institutions but many live with poor institutions. Institutions promote growth. This is a view now held firmly and widely. The task then is to ‘engineer’ growth-promoting institutions. Endogeneity characterises institutions; for example, groups enjoying political...
Persistent link: https://www.econbiz.de/10005087531
This study examines the Capital Asset Pricing Model of Sharpe (1964) Lintner (1965) and Black (1972) as the benchmark model in the asset pricing theory. The empirical findings indicate that the Sharpe-Lintner-Black CAPM inadequately, particularly the explains Pakistan’s equity market...
Persistent link: https://www.econbiz.de/10005087532
This paper attempts to document changes in the wage levels of different categories of workers employed in various segments of the labour market during the period 1990-91–2006-07, according to the information given in the labour force surveys. Wage structure can be analysed from different...
Persistent link: https://www.econbiz.de/10005087533
The present study investigates the trends in inequality, welfare, and growth based on per capita household income/consumption in Pakistan, both its rural and urban areas, from 1963-64 to 2004-05. It employs Gini coefficient to measure inequalities and the Sen welfare index to estimate welfare....
Persistent link: https://www.econbiz.de/10005087534
This paper assesses the size of the underground ~conomy and tax evasion in Pakistan for the period 1973-96. Using monetary approach, the results confirm the existence of large underground economy and higher tax evasion over the period under analysis. The overall underground economy has...
Persistent link: https://www.econbiz.de/10010543396
This paper provides a framework within which the sectoral structure of absolute poverty can be analysed. Non-food consumption share approach is used to measure incidence of poverty, which can also be used as a proxy for family welfare. Headcount index is used to examine the structure of poverty...
Persistent link: https://www.econbiz.de/10010543397
Pakistan had an excellent growth record in economic sectors over the past 3D years, with an average annual growth rate of the GDP of over 6 percent. However, social development indicators could not grow in commensurate with the growth rate of the economy. Because of the past neglect of the...
Persistent link: https://www.econbiz.de/10010543398
This study has examined the structure of informal credit market in Pakistan by combining two approaches; a field survey administering semi-structured questionnaire to more than 1000 informal lenders supplemented by case studies. According to the survey, a good deal of interlinkages exists...
Persistent link: https://www.econbiz.de/10010543399