This study analyzed the hypothesis that export instability affects the economic growth for SAARC region countries … additional variables. The Augmented Dickey Fuller (ADF) and Johansson Cointegration tests are used to test stationarity for all … variables and cointegration respectively. The results of these tests demonstrate that all variables are non-stationary at levels …

petroleum products for Nigeria from 1977 to 2008. In contrast to earlier studies on Nigeria and other developing countries, this … conventional residual-based cointegration tests employed fail to identify any meaningful long run relationship in both functions …, the Gregory- Hansen structural break cointegration approach confirms the cointegration relationships despite the …

Evaluation of long run relationship of the openness policy and Pakistan's economic growth is the prime objective of the … openness and economic growth with reference of Pakistan. Further, the study proofs the Export Led Growth hypothesis in case of … study. Two different econometric techniques i.e. Johnson co-integration technique and Error Correction Model are applied to …

This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in … Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the …, inflation and growth in Pakistan. The results indicate that credit to private sector, the variable of financial depth, real …

economic growth in Pakistan. We have estimated the relationship between Gross domestic product (GDP) and agricultural and non … agricultural exports for Pakistan employing Johansen co-integration technique for the period 1972 - 2008. The findings of the study … show that the agricultural exports have negative and significant effect on economic growth while agricultural exports …

This study investigates the pro-poorness of income growth in Nigeria. Using nationally representative data for 1996 and … 2004, overall income growth in Nigeria was found not to be pro-poor. The richer segments of the population appropriate … redistributing income is also required to ensure pro-poorness of growth in Nigeria. …

investment on economic growth. The interesting point of this study is expressed through the effort to determine the level of … financial development to maximize the spillover effects of foreign direct investment on economic growth, whereby financial … system GMM to estimate research models. The estimation results show that there are threshold values of financial development …

This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … openness. Our research, in general, shows that openness is an important determinant of growth in a set of investigated …