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  • 标题:The Impact of Trade Liberalization on Economic Growth: A case study of Pakistan
  • 其他标题:The Impact of Trade Liberalization on Economic Growth: A case study of Pakistan
  • 本地全文:下载
  • 作者:Muhammad Qayyum ; Neelam Younas ; Muhammad Adnan Bashir
  • 期刊名称:Journal of Economics and Sustainable Development
  • 印刷版ISSN:2222-2855
  • 电子版ISSN:2222-2855
  • 出版年度:2018
  • 卷号:9
  • 期号:9
  • 页码:65-71
  • 语种:English
  • 出版社:The International Institute for Science, Technology and Education (IISTE)
  • 摘要:This study empirically analyzes the impact of trade liberalization on the economic growth of Pakistan over the period 1972 to 2014 .Gross fixed capital formation, Trade liberalization, Labor force participation, inflation, interest rate are important explanatory variables. While economic growth which is measured by (GDP) is dependent variable used for the model specification. The study used Johensen co-integration approach developed by Johensen and Jeselius (1990).The results show that trade liberalization and gross fixed capital have positive and significant impact on economic growth. Inflation and interest rate have negative impact on economic growth. And labor force has positive impact on economic growth. Positive correlation between trade liberalization and economic growth has been explored in this study. Keywords: Trade liberalization (LIBE), Economic growth (GDP), Co-Integration, Labour force participation (LFP), Interest rate (INT), Inflation (INF).
  • 关键词:Trade liberalization (LIBE); Economic growth (GDP); Co-Integration; Labour force participation (LFP); Interest rate (INT); Inflation (INF).
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