PREVIOUS ISSUES

Volume-X

, Issue-I

(WINTER 2025)



01 - Measuring Market Efficiency in the Capital Market of Pakistan ...

http://dx.doi.org/10.31703/gmsr.2025(X-I).01
10.31703/gmsr.2025(X-I).01      Published : Mar 2025

    This research investigates day-of-the-week (DOW) and month-of-the-year (MOY) anomalies in Pakistan during the Gregorian and Islamic calendars. Applying GARCH models on KSE100 index data from November 1991 to May 2021, the paper investigates calendar anomalies over periods of overall, non-crises, crises, before and after capital market reform. Results identify a DOW anomaly in which strongly positi... Details
    Market Efficiency, Calendar Anomaly, Pakistan Stock Exchange
    (1) Abdul Karim
    PhD Scholar, Institute of Business Administration, Khwaja Fareed University of Engineering and Information Technology, Punjab, Pakistan.
    (2) Abdul Rasheed
    Assistant Professor, Institute of Business Administration, Khwaja Fareed University of Engineering and Information Technology, Punjab, Pakistan.

02 - Integrating E-Bikes and Non-Motorized Transport for Sustainable Urban Mobility: ...

http://dx.doi.org/10.31703/gmsr.2025(X-I).02
10.31703/gmsr.2025(X-I).02      Published : Mar 2025

    The urbanization process within Pakistan, together with other developing nations, has caused severe transportation problems, resulting in traffic congestion and air pollution and creating uneven mobility access across different areas. This research analyzes how electric bikes (e-bikes) and non-motorized transport (NMT) methods can boost sustainable urban accessibility and livability within Hyderab... Details
    E-bikes, Non-motorized Transport, SDG 11.2, Sustainable Mobility, Hyderabad
    (1) Uzma Arisar
    Lecturer, Department of Architecture and Planning, Shaheed Allah Buksh Soomro University of Art, Design and Heritages, 76062, Jamshoro, Sindh, Pakistan.
    (2) Asif Memon
    Bachelors student, Department of Architecture and Planning, Shaheed Allah Buksh Soomro University of Art, Design and Heritages, 76062, Jamshoro, Sindh, Pakistan.
    (3) Rabia Soomro
    Assistant Professor, Department of Civil Engineering, Mehran University of Engineering and Technology Shaheed Zulfiqar Ali Bhutto Campus, Khairpur Mir's, Sindh, Pakistan.

03 - Technological Absorption Hypothesis and Productivity Growth in Pakistan Manufact...

http://dx.doi.org/10.31703/gmsr.2025(X-I).03
10.31703/gmsr.2025(X-I).03      Published : Mar 2025

    This research focuses on determining factors that influence the growth of technological progress in Pakistan's manufacturing sector. The Solow residual, which measures technological change, has been calculated using a growth accounting framework. Additionally, it evaluates the extent of Total Factor Productivity (TFP) in relation to macroeconomic variables, including technology transfer, the finan... Details
    TFP, Solow Residual, Human Capital, Foreign Direct Investment, Transfer of Technology, ARDL Model, Error Correction Model.
    (1) Muhammad Tufail
    Lecturer, Department of Economics, National University of Modern Languages (NUML), Islamabad, Pakistan.
    (2) Junaid Ali
    Lecturer, Department of Economics, Government Polytechnic Institute, Lower Dir, KP, Pakistan.
    (3) Hidayat Ullah Khan
    Associate Professor, Department of Economics, National University of Modern Languages (NUML), Islamabad, Pakistan.