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This paper explores the causal relationship between energy consumption and economic growth in Pakistan, applying … techniques of co-integration and Hsiao’s version of Granger causality, using time series data over the period 1965-2019. Time …
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The supply-leading or demand-following hypotheses are examined in this study in case of Pakistan. There are two prime … objectives of this study first to check the existence of co-integration between financial development and economic growth and … supply-leading hypothesis with reference to Pakistan, which is proposed in this results that there are more than one co …
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