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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...
Persistent link: https://www.econbiz.de/10012830558
The purpose of this paper is to analyse the decline in private investment and formulate a comprehensive strategy to overcome this problem, which is the main cause of deceleration in the growth momentum of Pakistan’s economy. Due to lack of investor confidence, private investment has reached...
Persistent link: https://www.econbiz.de/10010861913
Persistent link: https://www.econbiz.de/10005314728
The purpose of this paper is to analyse the decline in private investment and formulate a comprehensive strategy to overcome this problem, which is the main cause of deceleration in the growth momentum of Pakistan’s economy. Due to lack of investor confidence, private investment has reached...
Persistent link: https://www.econbiz.de/10005079295
The expansionary economic policies of the government and of the central bank (State Bank of Pakistan – SBP), which on one side resulted in impressive economic performance, stimulated a rise in the Consumer Price Index (CPI) on the other. This initiated a debate on the determinants of the...
Persistent link: https://www.econbiz.de/10005079321