• ISSN(P) : 2708-2474
  • ISSN(E) : 2708-2482
  • ISSN(L) : 2708-2474

Article

 

Investigating Investment, Inflation, Trade-Openness and Economic Progress Nexus for Pakistan

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Abstract

Since inflation and trade openness rate are considered as critical measure of an economy's health. This article analyze the relation of Economic growth with Investment, Inflation and Trade Openness of Pakistan for 1970- 2019. The policy guide lines from analysis include promotion of policies to increase Investment and Trade-openness in short and long-terms. The study used ARDL bound-testing for long-term and Un-Restricted-Error Correction techniques to discover short-term interrelation amongst a selection of variables. Results of study revealed inflation negatively related to economic performance and positively linked to Investment and Trade-Openness. Findings of enquiry suggested government should focus more on investment friendly policies in the country.

Authors

1-Aftab Anwar
Assistant Professor, University of Education, Lahore, Punjab, Pakistan.

2-Muhammad Masood Anwar
PhD Scholar, Kashmir Institute of Economics, University of Azad Jammu & Kashmir Muzaffarabad, Pakistan.

3-Ghulam Yahya Khan
Assistant professor, Kashmir Institute of Economics, University of Azad Jammu & Kashmir Muzaffarabad, Pakistan.

Keywords

Foreign Direct Investment, Investment, Gross Domestic Product, Economic Growth, Trade Openness, Inflation, Cointegration, ARDL, Pakistan

DOI Number

10.31703/gmsr.2020(V-IV).01

DOI Link

http://dx.doi.org/10.31703/gmsr.2020(V-IV).01

Page Nos

1-9

Volume & Issue

V - IV


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Published: Dec 2020

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