The empirical growth literature gives no clear indication as to how democracy impacts growth; there is evidence of both positive and negative effects and also of no direct link in democracy and growth nexus. In this study an attempt has been made to resolve this controversy by putting this...

In this study attempt has been made to link the gender differences in parental resource allocation in demand for education at primary, secondary and tertiary level of education to gender differences in returns to education in these respective categories in Pakistan. The hypothesis was that if we...

Unemployment is one of the major factors in low Economic development of Pakistan and especially KPK, due to a number of factors and gaps on demand and supply side. Unemployment is on the rise, which needs to be minimised. Large part of the working community is involved in unrelated jobs meaning...

Public property common pool resources in many developing countries are often portrayed in dismal states allegedly due to governments’ inability to manage them in a sustainable manner. While this explanation may have some merit, it is certainly inadequate. Instead, we argue that public property...

This study investigates the existence of accrual anomaly by using a sample of 340 non-financial firms listed at Karachi Stock Exchange. The objective of the study is to examine the persistence of the accruals and cash flow components and their respective effect on future stock prices and a hedge...

This study evaluates the link between disaggregate energy consumption (coal, petroleum, electricity, renewable energy consumption), economic growth and environment for Asian Developing countries. Cointegration tests verify long run relationship among energy consumption and growth, energy...

In countries like Pakistan, where the macroeconomic situation remains uncertain and inflationary expectations always linger to a high level, investors stay in search of such cost-effective or profitable investment opportunities that can be able to provide their capital an effective hedge against...