The relationship between export expansion and economic growth has been examined extensively during the last two decades in the context of the suitability of the alternative development strategies. The decade of the 1970s witnessed an emerging consensus in favour of export promotion as...

The purpose of this study is to test for the weak and semi-strong form efficiency of four of the seven foreign exchange markets of South Asia; namely, Pakistan, India, Sri Lanka and Bangladesh; using three bilateral foreign exchange rates. Weak-form efficiency is examined using unit root tests...

In this study, an attempt has been made of develop a dynamic macroeconometric model of Pakistan’s economy to examine the behaviour of major macroeconomic variables such as output, consumption, investment, government expenditure, money, interest rates, prices, exports, and imports. The model...

This paper establishes an empirical relationship between industry -specific foreign direct investment (FDI) and output under the framework of Granger causality and panel cointegration for Pakistan over the period 1981-2008. The result supports th e evidence of panel cointegration between FDI and...