Most of the empirical works have focused on the causal relationship between exports and economic growth in the case of Pakistan, whereas terms of trade have been neglected. This paper investigates the nature of relationship between the exports, terms of trade and economic growth by using the...

This study uses robust time series technique [autoregressive distributed lag (ARDL)] in order to determine the direction of causality between the food prices and money supply. Empirical results show unidirectional causality from money supply to food prices in Pakistan. Hence the money supply is...