Object

Title: Openness–growth nexus in Pakistan: a macro–econometric analysis

Autor:

Zakaria, Muhammad ; Ahmed, Eatzaz

Opis:

Argumenta Oeconomica, 2013, Nr 1 (30), s. 47-84

Abstrakt:

The paper empirically examines the effects of trade openness policy on economic growth in Pakistan using various channel variables. Quarterly data is used for the period 1981/82 to 2007/08. The results of GMM estimates indicate that there are ten broad pathways through which trade openness policy has an indirect effect on growth. Trade openness policy positively affects growth through its impact on physical capital, human capital, foreign investment, inflation, real exchange rate, foreign debt, corruption and foreign exchange market distortions, while it negatively affects growth through government consumption and democracy. The results also indicate that the positive effects outweigh the negative ones, thereby delivering the overall positive effect of trade openness policy on output growth. This effect is economically reasonable and statistically significant. This result is robust to alternative estimation techniques, equation specifications and the inclusion of some other channel variables

Wydawca:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Miejsce wydania:

Wrocław

Data wydania:

2013

Typ zasobu:

artykuł

Identyfikator zasobu:

oai:dbc.wroc.pl:35491

Język:

eng

Powiązania:

Argumenta Oeconomica, 2013, Nr 1 (30)

Prawa:

Wszystkie prawa zastrzeżone (Copyright)

Prawa dostępu:

Dla wszystkich w zakresie dozwolonego użytku

Lokalizacja oryginału:

Uniwersytet Ekonomiczny we Wrocławiu

Tytuł publikacji grupowej:

Argumenta Oeconomica

Format:

application/pdf

Object collections:

Last modified:

May 26, 2022

In our library since:

Nov 28, 2016

Number of object content hits:

259

Number of object content views in PDF format

294

All available object's versions:

https://dbc.wroc.pl/publication/38973

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