The objective of this paper is to estimate the Okun’s coefficient, and to check the validity of Okun’s law in some Asian countries, whether it is valid or not, for this purpose we have used the time series annual data during the period 1980-2006. Engle Granger (1987) co integration technique...

The object behind this study is to explore the long run association between economic growth and financial structure in Pakistan context. For this purpose we have used the data from the period of 1975 to 2008, and applied Johansen cointegration technique to find out the long run association among...

Evaluation of long run relationship of the openness policy and Pakistan's economic growth is the prime objective of the study. Two different econometric techniques i.e. Johnson co-integration technique and Error Correction Model are applied to estimate the relationship with annual data span from...

The objective of this research is to find the long-run association among financial liberalization, international trade openness, real interest rate and economic growth in case of Pakistan's economy, for this purpose annual data for the period of 1975-2009 is considered. Bound testing approach of...

The supply-leading or demand-following hypotheses are examined in this study in case of Pakistan. There are two prime objectives of this study first to check the existence of co-integration between financial development and economic growth and second the direction of causality between the two....

Fiscal imbalances are one of the common economic indicators of developing countries as these countries have a structural weakness on one hand and a strong desire to invest in capital intensive projects that speeds up the pace of development. It has been noticed that in the last couples of years...