Department of Economics

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https://escholar.umt.edu.pk/handle/123456789/232

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Browsing Department of Economics by Author "Haider Mahmood"

Now showing 1 - 3 of 3
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    Coal consumption: an alternate energy resource to fuel economic growth in Pakistan
    (Munich Personal RePEc Archive, 2014) Muhammad Shahid Hassan; Saqlain Latif Satti; Haider Mahmood; Muhammad Shahbaz
    This study is an attempt to revisit the causal relationship between coal consumption and economic growth in case of Pakistan. The present study covers the period of 1974-2010. The direction of causality between the variable is investigated by applying the VECM Granger causality approach. Our findings have exposed that there exists bidirectional Granger causality between economic growth and coal consumption. The Cumulative Sum (CUSUM) and Cumulative Sum of Square (CUSUMSQ) diagrams have not found any structural instability over the period of 1974-2010.
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    Does growth led inflation hypothesis & locus critique exist in Pakistan? A time series study
    (IDOSI Publications, 2012) Muhammad Shahid Hassan; Iftikhar Ahmad; Haider Mahmood
    The impact of economic growth......................... unemployment and money supply in Pakistan.
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    An empirical inquisition of the impact of exchange rate and economic growth on export performance of Pakistan
    (IDOSI Publications, 2013) Mahboob Ul Hassan; Muhammad Shahid Hassan; Haider Mahmood
    The role of international trade in economic development is very important. International trade is a potential source to increase the world production of goods and services. All the trading nations get benefits of increased world production caused by international trade. The present study empirically analyzed the impact of exchange rate and economic growth along with some other important macroeconomic factors on exports performance of Pakistan by using time series data. The study applied the Augmented Dickey-Fuller (ADF) Unit Roots Test to check the stationarity of data series. Autoregressive distributed lag model is used to estimate the long run relationship among the variables, followed by Unrestricted Error Correction Model (UECM). Empirical results based on ARDL bound testing approach to co-integration show that there exist a long run equilibrium relationship between Pakistan exports performance and its factors. In this study; Exchange rate, gross domestic production and trade openness have positive and significant impact on export performance, whereas role of foreign direct investment in determination of exports performance of Pakistan seems to be insignificant according to our analysis. In the end, the estimates of labor force indicate the higher growth of labor force along with lack of skills leads to contribute adversely on export oriented sectors where skilled labor force is required.