Shahbaz, Muhammad; Ahmad, Khalil; Chaudhary, A. R. - In: The Pakistan Development Review 47 (2008) 4, pp. 471-486
This paper aims to investigate the impact of macroeconomic variables on economic growth after Structural Adjustment … Autoregressive Distributed Lag Model (ARDL) approach has been employed for cointegration and error correction model (ECM) for short …), foreign direct investment and inflow of remittances correlate positively with economic growth in the long run. High inflation …