The main purpose of this paper is to find out long run relationship among M2, inflation, government expenditure impact and economic growth in case of Pakistan. For this purpose we have used Johnson co integration test to find out long run association and Granger causality test to find out...

The purpose of this research is to find out the empirical association among money supply, current account, exchange rate, and industrial production, for this purpose we have used (Johansen, 1988) co integration technique to analyze the long run relationship and Error Correction model to estimate...

This paper explores the short and long run dynamics of inflation in Pakistan using Johansen Co-integration Technique covering data from 1972-73 to 2012-13. Consumer Price Index (CPI), Exchange Rate (ER), Government Borrowing (GB), Non-Government Borrowing (NGB), Real GNP (RGNP), Indirect Taxes...

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...