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Econometrics

Selected Works

2011

Pakistan

Articles 1 - 3 of 3

Full-Text Articles in International Economics

Trade, Aid, Remittances And Financial Development: The Case Of Pakistan, Ronald Kumar Nov 2011

Trade, Aid, Remittances And Financial Development: The Case Of Pakistan, Ronald Kumar

Dr Ronald R Kumar

In this paper, we explore the role of trade openness, overseas development aid (ODA), remittance inflows and financial development vis-à-vis income in Pakistan for the periods 1980-2010 using the bounds procedure within the augmented Solow-model approach. In the long-run, trade openness, ODA, and remittances have a significant positive effect on the income level, while financial development is not statistically significant. In the short run, ODA has contributed positively towards income growth while remittances, trade openness and financial development have lagged negative effects, thus underscoring somewhat different behaviour of aid and remittance inflows. Accordingly, for development policy discourse, we emphasise the …

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Do Remittances, Exports And Financial Development Matter For Economic Growth? A Case Study Of Pakistan Using Bounds Approach, Ronald R. Kumar Dec 2010

Do Remittances, Exports And Financial Development Matter For Economic Growth? A Case Study Of Pakistan Using Bounds Approach, Ronald R. Kumar

Dr Ronald R Kumar

The study explores, using bounds test, the short-run and long-run effects of remittances, exports and financial development on per worker income using the annual data for the period 1980-2009 in Pakistan. The results show exports are significant both in the short-run and long-run while remittances is positively significant only in the long-run but has a lagged negative effect similar to financial development in the short-run. Contrary to some recent findings, the results show financial development does not have any significant long-run effect on per worker income. Therefore, the need to develop exports and remittances markets for long-term sustainability of the …

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Poverty, Inflation And Economic Growth: Empirical Evidence From Pakistan, Muhammad Irfan Chani, Zahid Pervaiz, Sajjad Ahmad Jan, Amjad Ali, Amatul R. Chaudhary Dec 2010

Poverty, Inflation And Economic Growth: Empirical Evidence From Pakistan, Muhammad Irfan Chani, Zahid Pervaiz, Sajjad Ahmad Jan, Amjad Ali, Amatul R. Chaudhary

Muhammad Irfan Chani

This study aims to investigate the role of economic growth and inflation in explaining the prevalence of poverty in Pakistan. ARDL bound testing approach to co-integration confirms the existence of long run relationship among the variables of poverty, economic growth, inflation, investment and trade openness over the period of 1972-2008. Empirical results show that economic growth and investment have negative and inflation has positive impact on poverty. The effect of trade openness on poverty is insignificant in this study. The short run analysis reveals that economic growth has negative and inflation has positive impact on poverty whereas the role of …

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