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This paper explores the short and long run dynamics of inflation in Pakistan using Johansen Co-integration Technique covering data from 1972-73 to 2012-13. Consumer Price Index (CPI), Exchange Rate (ER), Government Borrowing (GB), Non-Government Borrowing (NGB), Real GNP (RGNP), Indirect Taxes...
Persistent link: https://www.econbiz.de/10011938390
This paper analyses the role of institutions in enhancing the economic efficiencies across countries in a two stage Double Bootstrap DEA framework based on nonparametric frontier analysis as proposed by Simar and Wilson (2007). In the first stage, cross country workers' efficiency is estimated...
Persistent link: https://www.econbiz.de/10012897423
This study examines how institutional indicators influence economic growth in a theoretical framework proposed by North (1981). Thirty-one indicators each covering 84 countries over a span of 5 years have been used to extract factors based on principal component analysis. Factors based on these...
Persistent link: https://www.econbiz.de/10012869325
This paper presents an index of institutionalized social technologies covering its two main dimensions namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional, political and economic aspects. Specifically it attempted to classify and...
Persistent link: https://www.econbiz.de/10012869335
This paper presents an index of institutionalized social technologies for Pakistan, covering its two main dimensions namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional, political and economic aspects. It is also analyzed...
Persistent link: https://www.econbiz.de/10012869348
This paper investigates relationship between institutional quality and economic performance in Pakistan using the Johansen-Juselius cointegration techniqueand the Granger causality test. The study results indicate that Institutions and growth are cointegrated and thus exhibit a reliable long run...
Persistent link: https://www.econbiz.de/10012869349
This paper used index of institutionalized social technologies (lIST) developed by Siddiqui and Ahmed (2018) as a proxy of institutions quality, to analyse their impact on Economic growth. This index was made up of two sub-indices namely Risk reducing technologies and Anti Rent seeking...
Persistent link: https://www.econbiz.de/10012829394
This eBook is an effort for extraordinary times. COVID-19 has already spread and still spreading human woes around the globe. The loss and damage to the human life, the economic impact, emotional and psychological burden, losses in businesses and many other impacts are unknowable. The objects of...
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