Browsing by Author "Mahboob Ul Hassan"

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    Consequences of worker�s remittances on human capital: an in-depth investigation for a case of Pakistan
    (IDOSI Publications, 2013) Mahboob Ul Hassan; Haider Mehmood; Muhammad Shahid Hassan
    Purpose: This paper aims to empirically investigate the consequences of worker remittances on human capital formation in case of Pakistan. Methodology: In order to achieve the target of this study; Autoregressive Distributed Lag (ARDL) Bounds Testing Approach is used for the period from 1981-2011. Findings: The findings of this study have exposed that worker’s remittances have an adverse impact on human capital formation. The coefficient of worker’s remittances is significant at 5 percent level of significance. One important justification for the deteriorating impact of worker’s remittances on human capital formation is the negligence of parental care. Particularly, the absence of father or any other close relative from home leads to situations where there can be no checks on the outside home activities of the children. Also, the cultural constraints in the country restrict mothers or any female member of the household to go outside to look after their children’s activities. Therefore; the positive impact of worker’s remittances in the form of inflow of income is offset by the adverse impact of the negligence of the parental care and hence, human capital is showing adverse performance rather improving. Originality/ Novelty: There is hardly any empirical study which investigates the consequences of worker’s remittances on human capital formation in case of Pakistan. This is an attempt which may fill this gap.
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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.