This study aims to examine the pattern of households' expenditure on fuel consumption in Pakistan using the data of Household Income and Expenditure Survey (1984-85). Price and income elasticities have been estimated by applying the Extended Linear Expenditure System. It is found that the...

The main objective in this study is to examine the impact of changes in foreign prices and changes in monetary and real variables on domestic prices. The unit root test and error correction model are applied to test for the causality between the changes in exchange rate and domestic prices....