Muhammad, Sulaiman D.; Lakhan, Ghulam Rasool; Zafar, Saba; … - In: Pakistan journal of commerce and social sciences 7 (2013) 1, pp. 91-99
The primary reason of this study is to test real interest rate and its impact on investment to the extent of Pakistan … span from 1964 to 2012. To test the long-term nexus among level of income, interest rate and investment mainly Johansen … Cointegration test is employed. The hypothesis of this study is that investment has an inverse association with real interest rate …