Motivated by the recent studies on the endogenous growth theories, which suggest that the economic growth driven by human capital accumulated by education has potential to be substantial and more sustainable, this article evaluates the level and growth effects of education on the economic growth...

This study is an attempt to test the long run relationship between international tourism and economic growth of Pakistan by using Autoregressive Distributed Lag (ARDL) models over the period of 1972 to 2011. The initial results show that the causality runs from tourism to economic growth....

This paper examines the impact of external debt on economic growth in Pakistan over the period 1970–2009. The empirical exploration of the impact of external debt on growth is analyzed allowing external debt to interact with macroeconomic policy index and considering the ratio of multilateral...