The present study aims to investigate the causality between economic growth and human resource development. In doing so, LLL (Larsson et al., 2001) panel co-integration rank test for heterogeneous panel models and recently developed panel causality tests by Hurlin and Venet (2001) are employed...

This study estimates the exports demand for Pakistan by employing Autoregressive Distributed Lag model and using quarterly data for the period 1982Q1-2008Q2. The paper seeks to examine the long run as well as short run impact of real effective exchange rate volatility along with foreign real...

The present study re-estimated the import demand function for Pakistan on the basis of quarterly time series data by employing autoregressive distributed lag approach. The present study draws various significant conclusions from the estimation of aggregate merchandized import demand function....

The present study re-estimated the import demand function for Pakistan on the basis of quarterly time series data by employing autoregressive distributed lag approach. The present study draws various significant conclusions from the estimation of aggregate merchandized import demand function....

The important modification of the compensation hypothesis rests on the principle; increased trade openness increase the domestic economic volatility. The economic theory recommend increase of international trade require integration into huge, even markets, and involve risk diversification, in...

The present study investigates the behaviour of household saving by employing the Johansen-Juselius cointegration technique and error correction model to determine the long run and short run dynamics of the system respectively using “time-series” data for Pakistan over the period 1972-2003....

The purpose of this paper is to investigate the relationship between trade openness, financial openness and macroeconomic volatility in Pakistan. For this purpose, time series data from 1970-2010 and ARDL co integration technique was used to find the long run relationship. The results proposed...

The objective of the present study is to examine the determinants of service sector growth such as external debt, population, gross domestic product per capita, foreign direct investment and government consumption and employed labour force in services. For this purpose the study employed...

This present paper is analyzing the effect of trade openness and foreign direct investment (FDI) on industrial sector growth in Pakistan. This paper is examined that Pakistan’s industrial growth is affected by trade openness through a number of channels including monetary policy, fiscal...

The main objective of this study is to analyses the fiscal policy conditions in Pakistan; in case of output change ( fiscal responsiveness), effect of last year policy on this year( fiscal persistence) and finally fiscal discretion, through a 2SLS method the study period consist of 1972 to 2010....