Rate of interest and its impact on investment to the extent of Pakistan

Sulaiman D. Muhammad; Ghulam Rasool Lakhan; Saba Zafar; Muhammad Noman

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 in Pakistan. If relationship exists then policy maker can make better policy for Pakistan. The outcomes confirm economic theory and a number of other studies that investment has significantly inverse association with real interest rate in Pakistan.

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Year of publication:	2013
Authors:	Muhammad, Sulaiman D. ; Lakhan, Ghulam Rasool ; Zafar, Saba ; Noman, Muhammad
Published in:	Pakistan journal of commerce and social sciences. - Lahore : [Verlag nicht ermittelbar], ISSN 2309-8619, ZDB-ID 2526678-0. - Vol. 7.2013, 1, p. 91-99
Subject:	Gross fixed capital formation \| real GDP \| real interest rate \| investment \| economic growth market returns \| Investition \| Investment \| Pakistan \| Realzins \| Real interest rate \| Wirtschaftswachstum \| Economic growth \| Nationaleinkommen \| National income \| Zins \| Interest rate \| Schätzung \| Estimation

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/188076 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

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