Artikel

Financial development, international trade and economic growth: Empirical evidence from Pakistan

The study utilizes the Autoregressive-distributed lag (ARDL) approach for cointegration and Granger causality test, to explore the long run equilibrium relationship and the possible direction of causality between international trade, financial development and economic growth for the Pakistan economy. Imports plus exports of goods and services is used as a proxy for international trade, while broad money (M2) and gross domestic product (GDP) are used as the proxies for financial development and economic growth, respectively. Result explores a long run relationship between the variables. In case of Pakistan, economy supply leading hypothesis is accepted. Moreover, unidirectional causality is observed from international trade to economic growth and from financial development to international trade.

Sprache
Englisch

Erschienen in
Journal: Romanian Journal of Fiscal Policy (RJFP) ; ISSN: 2069-0983 ; Volume: 2 ; Year: 2011 ; Issue: 2 ; Pages: 11-19 ; Bucharest: Editura ASE

Klassifikation
Wirtschaft
Trade Policy; International Trade Organizations
General Financial Markets: Government Policy and Regulation
International Economic Order and Integration
Thema
financial development
international trade
economic growth
Pakistan

Ereignis
Geistige Schöpfung
(wer)
Shaheen, Safana
Awan, Masood Sarwar
Waqas, Muhammad
Aslam, Muhammad Amir
Ereignis
Veröffentlichung
(wer)
Editura ASE
(wo)
Bucharest
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Shaheen, Safana
  • Awan, Masood Sarwar
  • Waqas, Muhammad
  • Aslam, Muhammad Amir
  • Editura ASE

Entstanden

  • 2011

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