Khan, Muhammad Arshad; Qayyum, Abdul; Sheikh, Saeed Ahmed - In: The Pakistan Development Review 44 (2005) 4, pp. 819-837
In this study, the relationship between financial depth and economic growth is examined in an Autoregressive Distributed Lag (ARDL) framework for Pakistan utilising annual data for the period 1971- 2004. The main empirical findings suggest that both in the long and the short run, financial depth...