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Full-Text Articles in Economics
Study Of Economic Development Of Pakistan Through Stock Market: Causal Relationship Of Stock Prices And Macroeconomic Indicators, Rizwan Raheem Ahmed, Yaseen Ahmed Meenai, Fazal Hussain
Study Of Economic Development Of Pakistan Through Stock Market: Causal Relationship Of Stock Prices And Macroeconomic Indicators, Rizwan Raheem Ahmed, Yaseen Ahmed Meenai, Fazal Hussain
Business Review
The purpose of the research is to examine the causal relationship between stock prices and the variables representing the real sector of the economy for example real GDP, and real investment, in Pakistan. In this study, annual data is used (quarter-wise) from December 1980 to June 2007 and the correlation analysis has been applied, to investigate the relationship. For better understanding of the Market’s Behavior, data has been grouped in to Liberalization periods; Preliberalization and Post-Liberalization. The stock market in Pakistan provides an average quarterly return of 2.86%.The average annual growths in real variables are just lower than 1% for …
Explaining China’S Economic Performance From The Perspective Of Non-Conventional Determinants, Jingjing Yang, Sana Khalil
Explaining China’S Economic Performance From The Perspective Of Non-Conventional Determinants, Jingjing Yang, Sana Khalil
Business Review
We analyze forecasts concerning China’s growth slow-down and future prospects concerning its economic performance. Extending the discussion on China’s possibility of going through a slow-down in future, we focus on the avoidance of such a possibility by drawing forth the role of gross capital formation, trade openness, higher education enrollment ratio, higher education expenditure, R&D expenditure, population growth and number of inventions in determining per capita income. These non-conventional determinants: number of inventions, government R&D expenditure, higher education enrollment ratio and higher education expenditure, show not only significantly positive link with per capita income but also exhibit strong explanatory power …