Evaluation of long run relationship of the openness policy and Pakistan's economic growth is the prime objective of the study. Two different econometric techniques i.e. Johnson co-integration technique and Error Correction Model are applied to estimate the relationship with annual data span from...

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...

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...

The prime goal of this study is to evaluate the association between poverty, economic globalization and income disparity in the context of Pakistan. The pragmatic work is based on the Auto Regressive Distributed Lag (ARDL) for long run relationship and Error Correction Mechanism (ECM) approach...

Fiscal imbalances are one of the common economic indicators of developing countries as these countries have a structural weakness on one hand and a strong desire to invest in capital intensive projects that speeds up the pace of development. It has been noticed that in the last couples of years...

Evaluation of long run relationship of the openness policy and Pakistan's economic growth is the prime objective of the study. Two different econometric techniques i.e. Johnson co-integration technique and Error Correction Model are applied to estimate the relationship with annual data span from...

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...

This study examines the sources of real exchange rate fluctuations in Pakistan and use the SVAR (Structure Vector Autoregressive) technique to analysis the impact of different macroeconomics shocks for fluctuation in real exchange rate of Pak rupee. According to Blanchard and Quah (1999), the...