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Exchange Rate Misalignment in Pakistan: Evidence from Purchasing Power Parity Theory

Qayyum, Abdul; Khan, Muhammad Arshad; Khair-U-Zaman - In: The Pakistan Development Review 43 (2004) 4, pp. 721-735

This paper examines the validity of the purchasing power parity to evaluate whether the Pakrupee vis-à-vis the US-dollar has been overvalued since the introduction of managed floating exchange rate. The Johansen multivariate cointegration technique is applied for the period 1982Q2-2002Q4. A...

Persistent link: https://www.econbiz.de/10005796817

Money, Inflation, and Growth in Pakistan

Qayyum, Abdul - In: The Pakistan Development Review 45 (2006) 2, pp. 203-212

This paper attempts to investigate the linkage between the excess money supply growth and inflation in Pakistan and to …-round affects real GDP growth and at the second round it affects inflation in Pakistan. The important finding from the analysis is … that the excess money supply growth has been an important contributor to the rise in inflation in Pakistan during the study …

Persistent link: https://www.econbiz.de/10005796838

Estimating Total Factor Productivity and Its Components: Evidence from Major Manufacturing Industries of Pakistan

Raheman, Abdul; Afza, Talat; Qayyum, Abdul; Bodla, … - In: The Pakistan Development Review 47 (2008) 4, pp. 677-694

This paper estimates the trend in total factor productivity growth for eleven major manufacturing sub-sectors/industries listed on Karachi Stock Exchange. 1998 to 2007 Malmquist total factor productivity growth indices have been calculated using nonparametric Data Envelopment Analysis which also...

Persistent link: https://www.econbiz.de/10008530743

Do Public Expenditure and Macroeconomic Uncertainty Matter to Private Investment? Evidence from Pakistan

Ahmed, Imtiaz; Qayyum, Abdul - In: The Pakistan Development Review 46 (2007) 2, pp. 145-161

investment in Pakistan. It is found that individual series are nonstationary. There is a long-run relationship between private … Pakistan. …

Persistent link: https://www.econbiz.de/10005034409