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impact of exports on economic growth of pakistan

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2012. "Relationship between Exports and Economic Growth of Pakistan." European Journal of Social Sciences 32 (3): 453-460. Empirical results showed the positive impact of rice exports on the economic growth of India, Thailand, Pakistan and Vietnam. The aim of this research is to investigate empirically the impacts of exports and foreign direct investment (hereafter FDI) on economic growth in . The relationship of economic growth with external debt, trade, labor force and education has been discussed along with their short term and long term effects. The pre-requirements of the model employed by using unit root test and found stationary at . "Export Performance and Economic Growth Nexus in Japan: A Bootstrap Approach." Japan and the World Economy 14 (1): 25-33. The theoretical as well as past empirical literature found an optimistic role of international trade in economic growth of Pakistan . Pakistan's economic growth is expected to reach 1.3 percent in FY2021 and strengthen to an average of 2.7 percent for FY2022-23, according to the Pakistan Development Update released today. The study proves that the exports are important and significant determinant of economic growth in Pakistan. Time series data from1990 to 2013 were used.To test the nature of the relationship between export and economic growth,Granger causality and cointegration tests were also employed.The findings indicate that there is a need to Sanctions on Russia have forced its economy into a deep recession. "Relationship between Exports and Economic Growth of Pakistan." European Journal of Social Sciences 32 (3): 453-460. Non-linear ARDL technique is applied for short run and . As Pakistan's economy and society satisfy all the three above-mentioned conditions, growth expansion, as a rule, has had a strong impact on import demand in Pakistan. 1960 to 1988. "Exports and Economic Growth: The Arab Experience," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. Impact of Exports on Economic Growth- A Case of Luxemburg *Muhammad Usman, Muzaffar Ali, Hafiz Waqas Kamran, Hassan Khalid Hailey College of Commerce University of the Punjab, Lahore-Pakistan *usmanhc@hotmail.com Abstract: The key purpose of this article is to analyze the significant impact of Exports, Government expenditures and Education . "Export Performance and Economic Growth Nexus in Japan: A Bootstrap Approach." Japan and the World Economy 14 (1): 25-33. Hatemi, J. Sharazi and Manap (2004) determine impact of export on economic growth of Pakistan, using multivariate Granger causality for the period of 1960 to 2003. Emine and Topcu (2012), investigated the impact of high and low tech manufacturing industry exports on economic growth. Article authored by Praseedha Pradeep, law studen Literacy is a major indicator of economic development of countries where illiteracy has slowed down socio-economic growth. " New evidence on the Export-led-growth hypothesis in the Southern Euro-zone countries (1960-2014) ," Economics Bulletin , AccessEcon, vol. Using data on terrorism from Global Terrorism Database, co-integration analysis for the . The stock market plays an important role in the economy by mobilizing domestic resources and channeling them to productive investment. Effect of Exports on Economic Growth of Pakistan Economic Growth and development is the economic growth in Pakistan Hypotheses of the Study The following hypotheses are formulated for testing: • Impact of exports on economic growth will be positive, that is, an increase in exports will promote economic growth of Pakistan. Export-led growth hypothesis in Pakistan is the growth model based on aggregate production function and it started with neoclassicals like Solow and Swan (1956) .Exports and other variables may be added to capture their contribution to economic Growth as independent variables. This study attempts to empirically evaluate the importance of exports growth in economic growth of Pakistan from 1972-2015, as exports growth plays as an engine in growth of economies. The results obtained from ARDL regression analysis reveals that international trade has optimistic and noteworthy impact on Pakistan's economic growth (as the co-efficient value is positive and highly significant). Causality in Granger's sense is absent between economic growth and exports as well as between imports and economic growth. Export composition, vertical and horizontal exports diversification are . UPDATE (July 15, 2021): Pakistan's goods exports achieved a historic high of $25.3 billion in the fiscal year 2020-21, according to Adviser Abdul Razzak Dawood. services, exports of goods & services and foreign direct investment on the economic growth in Pakistan. Global business review.. - New Delhi [u.a.] Methodology and Data Description The general form of the production function is as follows: Data and research on consumption tax including indirect tax topics such as Value Added Tax (VAT), Goods and Services Tax (GST), consumption taxes provisions, motor vehicles, tobacco and alcohol., This report aims at assisting tax authorities in designing and implementing an effective Value Added Tax/Goods and Services Tax (VAT/GST) policy response to the growth of the sharing and gig economy. This means that one unit increase in the RIR causes GDP to decline by Rs. To gauge the impact of terrorism on Pakistan's economic growth Solow economic growth model has been used. In addition, inflation eased, the fiscal deficit improved to 7.3 percent of GDP, and the current account deficit shrunk to 0.6 percent of GDP - the lowest in a decade. The impact of oil prices on exports earnings and economic growth is investigated in the case of Pakistan and India by using the data from 1971 to 2009. 39(2), pages 153-169. The study proves that the exports are important and significant determinant of economic growth in Pakistan. The purpose of this study is to investigate the role of natural resources in economic growth by taking evidence from Pakistan.,Total five variables are used in this study, i.e. In Pakistan, the literacy rate is far from satisfactory and compares unfavourably with many world nations. In order, to achieve this purpose, annual data were collected from the reports of World Bank for the periods between 1970 and 2015, was tested by using Correlation Analysis, Augmented Dickey-Fuller (ADF) and Phillip-Perron (PP) stationary test, co . Moreover, owing to economic and political un stability the stock exchange of Pakistan fluctuates all over the year. The purpose of this study is to investigate the role of natural resources in economic growth by taking evidence from Pakistan.,Total five variables are used in this study, i.e. . The war is adding to concerns of a sharp global slowdown and surging inflation. economic growth, HD and exports in a multivariate framework. Hatemi, J. This study aims to investigate the relationship between exports, imports and economic growth of a sample of four countries in Southern Africa for the period 1980-2019. [4] There is hardly any study on Pakistan that examines the linkages among human capital, economic growth and exports. The section emphasizes onGDP growth rate, exchange rates,as well as export and import activities. Therefore an estimation was made to aware with the effect of agricultural exports on the economic growth and time series data of agricultural Gross Domestic Product (GDP) and agricultural exports of Pakistan were considered from 1972 to 2015. The pre-requirements of the model employed by using unit root test and found stationary at . The study analyses the impact of corruption on economic growth through its impacts on public expenditures, investment, population, and government expenses on education. Sampathkumar (2016) studied the relationship between exports and economic growth in SAARC countries. Pakistan has not got more FDI and their proper utilization to increase economic growth rather than opened its doors for FDI (Le and Ataullah, 2006).Foreign Direct Investment (FDI) plays an extraordinary role in globalization and provide new marker, production and financing facilities. 1 Impact of Public Investment on Economic Growth Ambar Rabnawaz1 and Rana Muhammad Sohail Jafar2 1 Department of Economics, Faculty of Management & Administrative Sciences, University Of Sargodha, 40100 Pakistan 2 College of Economics, Fujian Agriculture and Forestry University, Fuzhou-35002 China Corresponding author's email: awanambar0@gmail.com . Hameed, I., A. Iqbal, and K. Devi. Downloadable! Agricultural exports are worth taking in Pakistan's economy. Therefore, the study wants to find the impact of Imports/Exports and Stock exchange growth on GDP of Pakistan. Currency moves can have a wide-ranging impact on a domestic economy and globally as well. The study proves that the exports are important and significant determinant of economic growth in Pakistan. The analysis also reveals that the exports along with labor force, investment and Domestic credit to private sector ratio are important for the long-run as well as short run economic growth of Pakistan. Similarly, the share of coffee exports as %GDP was lower (0.68%) in 1992 with the highest 5.52% in 1998, where the average share of coffee exports over the study period was 2.78%, while that of overall export as %GDP was 5.78% over the study period (1980-2017). results of the study highlighted the role of agricultural exports in economic growth. 1.03 million. INTRODUCTION . The aim of this paper is to investigate the long run term and the short run term impacts of vegetables exports on economic growth of Tunisia. There result conform validity of export lead growth hypothesis for economy of Pakistan. - Vol. Sayef Bakari, 2017. Aurangzeb (2006) studied the relationship between economic growth and exports in Pakistan based on the analytical framework developed by (Feder, 1983). Addressing the 2nd day function of Pakistan Economic Conference-2022 (PEC-2022), organised by the Faisalabad Chamber of Commerce & Industry (FCCI) on Saturday, he said Pakistan had attained five . Low productivity and inefficiency: most government-nationalized businesses end up being mismanaged, reducing business efficiency. (Keep reading the blog to learn more about the major exports of Pakistan.During a presser, Dawood reported Pakistan's export growth increased 18% in the last financial year, despite the Covid-19 pandemic. Alma (2011) elaborated the impact of export-led economic growth possibility reflection of Pakistan. Keywords. : SAGE Publ., ISSN 0973-0664, ZDB-ID 2211884-6. The empirical findings indicate that the long exports, and investment rate shocks have a significant impact on economic growth in 10 of the . Global business review.. - New Delhi [u.a.] Impact of Exports, Imports and Stock Exchange performance on GDP of Pakistan. So we can say that agriculture sector is playing very vital role in development of Pakistan by providing the food for massive population as well as supporting the economic growth. Pakistan economy is on the right track to post 'an inclusive and sustainable growth' of up to five per cent this year that will help the country to get rid of the International Monetary Fund . In this study, by means of instance succession exploration we observed impact of foreign direct investment, exports and exchange rate on economy intensification of Pakistan. Therefore an estimation was made to aware with the effect of agricultural exports on the economic growth and time series data of agricultural Gross Domestic Product (GDP) and agricultural exports of Pakistan were considered from 1972 to 2015. The terrible human cost of Russia's . Real economic growth in the U.S. over the past 10 years (3.2 percent average annual growth) has been more than 50 percent faster than EU-15 growth during the same period (2.1 percent). Impact of Exports on Economic Growth- A Case of Luxemburg *Muhammad Usman, Muzaffar Ali, Hafiz Waqas Kamran, Hassan Khalid Hailey College of Commerce University of the Punjab, Lahore-Pakistan *usmanhc@hotmail.com Abstract: The key purpose of this article is to analyze the significant impact of Exports, Government expenditures and Education . : SAGE Publ., ISSN 0973-0664, ZDB-ID 2211884-6. The country's fiscal deficit is almost 10% and revenues have plummeted in the . Notwithstanding, the recent rise in COVID cases, Pakistan has been showing signs of a fragile economic recovery with a gradual resumption of economic dynamism, according to a new World Bank report. After several experiments in economic restructuring, Pakistan currently operates a mixed economy in which state-owned enterprises account for a large portion of gross domestic product (GDP). When the greenback is weak, investors can take advantage by investing overseas or in U.S. multinationals. When Khan took power in 2018, Pakistan's GDP growth was around 5.8%; now it is 0.98% and is likely to decline further. This paper studies the factors of economic growth for Pakistan over a period of 1975-2005, using Autoregressive Regressive Distributed Lag (ARDL) approach to Co-integration. 7(2), pages 72-87, December. The analysis also reveals that the exports along with labor force, investment and Domestic credit to private sector ratio are important for the long-run as well as short run economic growth of Pakistan More specifically high tech exports have more influence on economic growth as compare to medium and low tech exports. The VECM techniques were used to explain both the short run and the long run connection between variables. Crossref Gulzar Ali, Zhaohua Li Exports-led growth or growth-led exports in the case of China and Pakistan: An empirical investigation from the ARDL and Granger causality approach, The International Trade Journal 32, no.3 3 (Oct 2017): 293-314. In doing so, we check whether the Export-Led growth (ELG), Import-Led Growth (ILG), Growth-Led Export (GLE) and growth-led import (GLI) propositions hold in four Southern African economies, namely Botswana, Namibia, South Africa . DOI: 10.22004/AG.ECON.243473 Corpus ID: 59335023; Impact of Agricultural Exports on Economic Growth in Ethiopia: The Case of Coffee, Oilseed and Pulses @inproceedings{Yifru2015ImpactOA, title={Impact of Agricultural Exports on Economic Growth in Ethiopia: The Case of Coffee, Oilseed and Pulses}, author={Tigist Yifru}, year={2015} } Contribution in exports: Major exports or cash crops of Pakistan are wheat, rice and cotton. Methodology and Data Description The country has experimented with several economic models during its existence. Emerging economies in Europe and Central Asia are also being affected. The government stimulates growth with expansive fiscal policy by spending more or cutting taxes. The present study is an attempt to examine both the SR and LR dynamic analysis of the relationship and causality among economic growth, HD and exports using Pakistan's data. CHAPTER NO 1. 36(1), pages 429-439. 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