Akmal, Muhammad Shahbaz and Ahmad, Khalil and Ali, Muhammad (2009): Exports-Led Growth Hypothesis in Pakistan: Further Evidence. Forthcoming in:
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This paper examines the exports-led growth hypothesis using quarterly data from 1990 up to 2008 for Pakistan. In doing so, ARDL bounds testing approach, Error Correction Method (ECM) and Ng-Perron test for integration have been employed. The empirical findings show that exports are positively correlated with economic growth. This confirms the validity of exports-led growth hypothesis in the case of Pakistan both for short run and long span of time. Exchange rate depreciation declines economic growth while running real capital stock improves it.
|Item Type:||MPRA Paper|
|Original Title:||Exports-Led Growth Hypothesis in Pakistan: Further Evidence|
|English Title:||Exports-Led Growth Hypothesis in Pakistan: Further Evidence|
|Keywords:||Exports, Economic Growth, ARDL Approach|
|Subjects:||F - International Economics > F1 - Trade > F10 - General
C - Mathematical and Quantitative Methods > C2 - Single Equation Models; Single Variables > C22 - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E10 - General
|Depositing User:||Khalil Ahmad|
|Date Deposited:||14. Jan 2011 09:23|
|Last Modified:||11. Feb 2013 10:43|
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