Trade led growth hypothesis: an empirical investigation from Pakistan

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dc.contributor.authorMuhammad Shahid Hassan
dc.contributor.authorMuhammad Wasif Siddiqi
dc.date.accessioned2011-08-16T09:13:33Z
dc.date.available2011-08-16T09:13:33Z
dc.date.issued2010
dc.description.abstractThe correlation between international trade and economic growth in least developed countries like Pakistan has been a great debated from both theoretical and empirical point of views. The study aims at finding correlation between international trade and economic growth in Pakistan by employing fully modified ordinary least square (FMOLS) technique for the long run estimates and error correction mechanism (ECM) for the short run estimates for the data of 1973 2007. The study concludes that international trade significantly increases economic growth in the long run and reducing economic growth in the short run hence indicating the fact that international trade is a long run phenomenon and trade-led-growth hypothesis works in Pakistan.en_US
dc.identifier.citationInterdisciplinary Journal of Contemporary Research in Business , 2(6), pp 451 – 472, October 2010
dc.identifier.urihttps://escholar.umt.edu.pk/handle/123456789/234
dc.language.isoenen_US
dc.subjectInternational Tradeen_US
dc.subjectEconomic Growthen_US
dc.subjectCointegrationen_US
dc.subjectFully Modifieden_US
dc.subjectOrdinary Least Square Methoden_US
dc.subjectError Correction Mechanismen_US
dc.titleTrade led growth hypothesis: an empirical investigation from Pakistanen_US
dc.typeArticleen_US
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