Browsing by Author "Saqlain Latif Satti"
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Item 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 ShahbazThis 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.Item Economic growth and inflow of remittances: do they combat poverty in an emerging economy?(Social Indicators Research, 2015) Saqlain Latif Satti; Muhammad Shahid Hassan; Fozia Hayat; Sudharshan Reddy ParamatiPoverty is such a social problem which itself begets so many socio-economic evils in a country. It never lets the government of a country to sit easy and focus on some other issues. Almost all countries who are running through this lurch; at there, governments, policy advisors and researchers are always busy in formulating strategies to combat poverty. Therefore; feeling the significance of the topic, this study is designed to empirically test the impact of economic growth, workers remittances, rural population and literacy rate on poverty in Pakistan. The empirical findings of the study reveal that economic growth; workers’ remittances and rural population significantly deteriorate poverty. Moreover; it has found that there exists bidirectional causality between economic growth and poverty and between workers’ remittances and poverty in Pakistan.