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Using data for SAARC region, we found real GDP per capita is nonlinear stationary implying that shocks to economy by economic policies (external or internal) have permanent effect on real per capita GDP of SAARC countries. This finding reveals that classical growth model works better to boost...
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-U relationship. This is reassuring for Pakistan in the long run. We also find FDI and trade-openness worsens income distribution …
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This study investigates the energy-growth-trade nexus in Pakistan by using the annual time series data for the period … of 1973-2011. Our main results show: i) the presence of long-run link between energy consumption and trade performance … note that energy conservation policies will reduce the trade performance which in turn leads to the decline in economic …
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