THE DETERMINANTS OF EXPORTS IN PAKISTAN
Loading...
Date
2016-03-16
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
UMT.Lahore
Abstract
In Economic Development of any economy the role of international trade is very important. It is
very viable source for fulfillment of the growing needs of all human beings. All trading countries
gain the advantages of international trade. This study empirically investigates the impact of
exports finance scheme, world gross domestic product, gross domestic product, real effective
exchange rate and industrialization on the performance of exports for the period from 1980 to
2014 in Pakistan. The study uses ADF for checking stationarity of time series data. For
estimating the co-integration among the variable we are using Autoregressive Distributed Lag
Model (ARDL). Long run relationship exists between exports and its factors. According to the
empirical results, it is found that world gross domestic product and gross domestic product have
positive impact on exports. Whereas, in the long run exports finance scheme and real effective
exchange rate are negatively and significantly associated with exports performance in Pakistan.