The purpose of this study is to examine the interrelationship between financial development, economic growth and income inequality in case of Pakistan. The study has been divided into three linkages; one linkage is between financial development, financial instability and economic growth; second...

This study investigates the energy-growth-trade nexus in Pakistan by using the annual time series data for the period of 1973-2011. Our main results show: i) the presence of long-run link between energy consumption and trade performance; ii) positive impact of gross domestic product, exports, and...

The paper empirically analyzes, in Romania’s case, the cointegration and causality between electricity consumption, capital and economic growth. The data set covers the period 1980-2011. The results show the existence of bidirectional causality between electricity consumption and economic...

The article investigates the impacts of imports and foreign capital inflows on economic growth of Pakistan over the period 1990 to 2010. We have applied the structural break autoregressive distributed lag (ARDL) bounds testing approach to cointegration to examine the long-run relationship...