Iqbal, Munawar; Arif, Ayesha Sadiqa; Jadoon, Atif Khan; … - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 17 (2023) 2, pp. 263-287
variables become necessary to measure the long-run relationship. Using an ARDL model with GDP as response variable, inflation … rate and debt service as explanatory variables, it is found that GDP has significant negative relationship with lagged … values of GDP at t-2, t-4, inflation rate at t-2, and debt service. The multiple linear regression explains 24.5% of the …