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This study investigates the comparative effect of fiscal and monetary policy on economic growth in Pakistan using annual time series data from 1981 to 2009. The cointegration result suggests that both monetary and fiscal policy have significant and positive effect on economic growth. The...
Persistent link: https://www.econbiz.de/10015226858
This study empirically examines the effect of monetary, fiscal and trade policy on economic growth in Pakistan using annual time series data from 1981 to 2009. Money supply, government expenditure and trade openness are used as proxies of monetary, fiscal and trade policy respectively....
Persistent link: https://www.econbiz.de/10015227893
Purpose: This study examines the new venue of moving illegal wealth from Pakistan under the umbrella of China–Pakistan Economic Corridor (CPEC). The study first discussed the features of CPEC in short and how it may bring stability and a new phase of development in the region and also in...
Persistent link: https://www.econbiz.de/10012413225
Purpose: Housing prices have been increasing tremendously in Pakistan, there should be many reasons but the haphazard urbanization and rapidly growing population. To find out the causes of this price rise, this study aims to assess the impact of the foreign capital inflow and some domestic...
Persistent link: https://www.econbiz.de/10012539830
Purpose: This study aims to motivate the reality that experiential investigation of immiserizing growth has not been performed at large. The key objective of the study is to analyse the empirical existence of immiserizing growth in the real world. Design/methodology/approach: Theory of revealed...
Persistent link: https://www.econbiz.de/10012540635
Purpose: The purpose of this study is to investigate the first time ever the effects of overall terms of trade, bilateral terms of trade and main commodity groups’ terms of trade on economic growth. Design/methodology/approach: Augmented Dickey Duller and Philips Perron unit root tests and...
Persistent link: https://www.econbiz.de/10012277339