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Determinants Of Export Demand Of Textile And Clothing Sector Of Pakistan: An Empirical Analysis, Nawaz Ahmad
Determinants Of Export Demand Of Textile And Clothing Sector Of Pakistan: An Empirical Analysis, Nawaz Ahmad
Nawaz Ahmad
This paper attempts to evaluate the determinants of export demand of textile and clothing sector of Pakistan. Moreover it estimates elasticity coefficients of the variables of the study. This study uses cointegration approach to check the long run relationship between export demand and its determinants. Results show that world income is the major determinant of export demand as it shows high income elasticity of export demand of textile and clothing sector while trade openness is also second major determinant of export demand which was the part of the model as the proxy of trade restriction. Rest of the variables also …