Vol. 1 No. 3 (2011), Articles

Vol. 1 No. 3 (2011)

Exports-Led Growth Hypothesis in Pakistan: Further Evidence

Muhammad Shahbaz⁺⁻
Pervaz Azim⁺⁻
Khalil Ahmad⁺⁻

Muhammad Shahbaz

COMSATS Institute of Information Technology, Lahore Campus, Pakistan

Pervaz Azim

GC University Faisalabad, Pakistan

Khalil Ahmad

Government Vehari College, Vehari, Pakistan

View Abstract View PDF Download PDF

Keywords

Exports, Economic Growth, ARDL Approach

How to Cite

Shahbaz, M. ., Azim, P. ., & Ahmad, K. . (2011). Exports-Led Growth Hypothesis in Pakistan: Further Evidence. Asian Economic and Financial Review, 1(3), 182–197. Retrieved from https://archive.aessweb.com/index.php/5002/article/view/724

Abstract

The study considers the exports-led growth hypothesis using quarterly data over the period 1990-2008 in case of Pakistan. For this purpose, Ng-Perron unit root test, ARDL bounds testing approach to cointegration and error correction method (ECM) for short run dynamics have been applied. Our results indicate that exports are positively correlated with economic growth confirming the validity of exports-led growth hypothesis. Exchange rate depreciation decreases and real capital stock improves economic growth.

View Abstract View PDF Download PDF

Downloads

Download data is not yet available.

Similar Articles

Thi Bich Nguyet Phan, Duc Nam Phung, Government Size and Economic Growth in Asia - Evidence from China and Japan , Asian Economic and Financial Review : Vol. 8 No. 1 (2018)
Md. Sabbir Hossain, Md. Golam Kibria, Md. Shafiqul Islam, Does Globalization Affect the Economic Growth of Bangladesh? - An Econometric Analysis , Asian Economic and Financial Review : Vol. 8 No. 12 (2018)
Nuruddeen USMAN, Martins O APINRAN, The Impact of Aid and Macroeconomic Policy on Growth in Nigeria: A Bounds Testing Approach , Asian Economic and Financial Review : Vol. 9 No. 5 (2019)
Imrul Hossain Chowdhury, Extended Exogenous Growth Model: Application and Investigation the Long-Term Growth Determinants of Bangladesh , Asian Economic and Financial Review : Vol. 10 No. 1 (2020)
Phuong Nu Minh Le, Hang Thi Thuy Nguyen, Thanh Doan Thanh Tran, The Triangular Causal Relationship between Economic Growth, Tourism, and Foreign Direct Investment: A Case Study in Central Vietnam , Asian Economic and Financial Review : Vol. 12 No. 7 (2022)
Charles O Manasseh, Ifeoma C Nwakoby, Felicia C Abada, Felix C Alio, Ogochukwu Okanya, Money Demand in Nigeria: Application of Autoregressive Distributed Lag Approach , Asian Economic and Financial Review : Vol. 11 No. 4 (2021)
Farah Roslan, Esti Tri Widyastuti, Structural Breaks, Hydroelectricity and Economic Growth: New Findings from Malaysia , Asian Economic and Financial Review : Vol. 10 No. 10 (2020)
Oumar Keita, Yu Baorong, Foreign Direct Investment and Economic Growth Nexus: Empirical Insight from Guinea , Asian Economic and Financial Review : Vol. 12 No. 1 (2022)
Basetsana Oitsile, Obonye Galebotswe, Lesego Sekwati, Insurance - Economic Growth Nexus: Evidence from Botswana , Asian Economic and Financial Review : Vol. 8 No. 6 (2018)
Henry Okodua, Moses Akpesiri Erhi, Olabanji Olukayode Ewetan, Public Debt, Fiscal Space, and Industrial Sector Performance in Nigeria , Asian Economic and Financial Review : Vol. 12 No. 10 (2022)

1 2 3 4 > >>

You may also start an advanced similarity search for this article.

Most read articles by the same author(s)

Khalil Ahmad, Sajida Wajid, What Matters for Economic Growth in Pakistan: Fiscal Policy or its Composition? , Asian Economic and Financial Review : Vol. 3 No. 2 (2013)