IMPACT OF GLOBALIZATION ON INFLATION IN SELECTED SOUTH ASIAN COUNTRIES USING PANEL DATA TECHNIQUES

http://dx.doi.org/10.31703/gssr.2019(IV-II).32      10.31703/gssr.2019(IV-II).32      Published : Jun 2
Authored by : SherAli , AbidAli , SaleemKhan

32 Pages : 245-253

References

  • Afzal, M. (2007). The Impact of Globalization on Economic Growth of Pakistan. The Pakistan Development Review, 46 (4), 723-734.
  • Afzal, M., Malik, M. E., Butt, A. R., & Fatima, K. (2013). Openness, inflation and growth relationships in Pakistan: An application of ARDL bounds testing approach. Pakistan Economic and Social Review, 51(1), 13-53.
  • Ali, S. (2013). An Analysis of the Impact of Globalization on Macroeconomic Performance in Pakistan. (Doctoral dissertation, Gomal University, DI Khan Pakistan).
  • Ali, S., Wahid, F. & Ali, Abid. (2019). Globalization And Macroeconomic-Instability: Analysis For Selected South Asian Countires Using Panel Data Techniques. Journal of the Research Society of Pakistan, 5 6 (1), 147- 168.
  • Ali, S. S., Tahir, S., & Arif, G. M. (1999). Dynamics of growth, poverty, and inequality in Pakistan [with Comments]. The Pakistan Development Review,38(4), 837-858.
  • Ali, S., Shah, M. & Ali, S (2015) Globalization and Macroeconomic Stability in Pakistan (1980-2010). Global Advanced Research Journal of Management and Business Studies, 4(9) 363-372
  • Ali, S., Zaman, K. U., & Shah, M. (2013). The Impact of Globalization on Unemployment (The case study of Pakistan 1980-2010). International Journal of Physical and Social Sciences, 3(4), 148.
  • Ali, S., Zaman, K., & Shah, M. (2013). The Impact of Economic Globalization on Macroeconomic Performance in Pakistan (1980-2010). International Journal of Marketing and Technology, 3(4), 25-37.
  • Anwar, T., (2005). Recent macroeconomic developments and implications for poverty and employment in Pakistan. In Economic Growth, Economic Performance and Welfare in South Asia (pp. 76-101). Palgrave Macmillan, London.
  • Barro, R. J., & Sala-i-Martin, X. (1995). Economic growth, 1995. McGraw Hill, New York.
  • Din, M. U., Ghani, E., & Siddique, O. (2003). Openness and economic growth in Pakistan. The Pakistan Development Review, 24(4), 795-807.
  • Dritsakis, N. (2011). Demand for money in Hungary: an ARDL approach. Review of Economics and Finance, (5).
  • Engle, R.F., and C.W.J. Granger (1987), Co-integration and Error Correction: Representation, Estimation, and Testing, Econometrica, 55, 251-276
  • Falki, N. (2009). Impact of foreign direct investment on economic growth in Pakistan. International Review of Business Research Papers, 5(5), 110-120.
  • Im, Kyung So; M. Hashem Pesaran & Yongcheol Shin, 2003. ‘Testing for Unit Roots in Heterogeneous Panels', Journal of Econometrics 115(1): 53-74.
  • Iqbal, M. S., Shaikh, F. M., & Shar, A. H. (2010). Causality relationship between foreign direct investment, trade and economic growth in Pakistan. Asian Social Science, 6(9), 82-91.
  • Iqbal, Z., & Sattar, A. (2005). The Contribution of Workers' remittances to Economic Growth in Bangladesh (No. 187). Research Report.
  • Kose, M. A., Prasad, E. S., & Terrones, M. E. (2005). Growth and Volatility in an Era of Globalization. IMF staff papers, 52(1), 31-63.
  • Johansen, S. (1995), Likelihood-based Inference in Cointegrated Vector Autoregressive Models, Oxford: Oxford University Press.
  • Kao, C. (1999), Spurious Regression and Residual-based Tests for Cointegration in Panel Data, Journal of Econometrics, 90, 1-44.
  • Kao, C. and M.-H. Chiang (2000), On the Estimation and Inference of a Cointegrated Regression in Panel Data, in: Baltagi B. (ed.), Nonstationary Panels, Panel Cointegration, and Dynamic Panels, Advances in Econometrics, Vol. 15, Amsterdam: JAI Press, 161-178.
  • Khan, A., & Ahmad, A. (January 2018). Organized Crimes and Governance Gap in the Conflict Affected NorthWestern Pakistan Pakistan Journal of Criminology, 10(1), 84-98.
  • Khan, A., Ahmad, A., & Dadda, A. A. (2017). Pak-US Relations: Understanding of the Misunderstandings. Global Social Science Review, 2(2), 1-23.
  • Levin, Andrew & Chien-Fu Lin, 1992. 'Unit Root Tests in Panel Data: Asymptotic and Finitesample Properties', University of California at San Diego, Economics Working Paper Series 92-23.
  • Levin, Andrew; Chien-Fu Lin & Chia-Shang James Chu, 2002. 'Unit Root Tests in Panel Data: Asymptotic and Finite-Sample Properties', Journal of Econometrics 108(1): 1-24.
  • Khan, A.E. and Gill, R.A. (2010),
  • Lucas, R. E. (1988). On the mechanics of economic development. Journal of monetary economics, 22(1), 3-42.
  • Munir, S. & Kiani, A. (2011). Relationship between Trade Openness and Inflation: Empirical evidences from Pakistan. Pakistan Development Review, 50(4), 1-62.
  • Onwuka, E. C., & Eguavoen, A. (2007). Globalization and Economic Development: The Nigerian Experience. Journal of Social Sciences, 14(1), 45-51.
  • Pedroni, P. (1995), Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Test with an Application to the PPP Hypothesis, Indiana University Working Papers in Economics, No. 95- 013.
  • Pedroni, P. (1999), Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors, Oxford Bulletin of Economics and Statistics, 61, 653-670.
  • Im, K. S., & Pesaran, M. H. (2003). On the panel unit root tests using nonlinear instrumental variables
  • Rama, M. (2003). Globalization and the labor market. The World Bank Research Observer, 18(2), 159-186.
  • Ratha, D. (2005). Workers' remittances: an important and stable source of external development finance. Remittances: development impact and future prospects, 19-51.
  • Ray, S. (2012). Globalization and economic growth in India: A Granger causality approach. Journal of Law, Policy and Globalization, 2.
  • Romer, D. (1993). Openness and inflation: theory and evidence. The Quarterly Journal of Economics, 108(4), 869- 903.
  • Tung, Le T, P.T.M. Ly and P.T.Q. Nhu (2015). The impact of remittance inflows on inflation: Evidence in Asian and the Pacific Developing Countries. Journal of Applied Economic Sciences 10(7):1076-1079.

References

  • Afzal, M. (2007). The Impact of Globalization on Economic Growth of Pakistan. The Pakistan Development Review, 46 (4), 723-734.
  • Afzal, M., Malik, M. E., Butt, A. R., & Fatima, K. (2013). Openness, inflation and growth relationships in Pakistan: An application of ARDL bounds testing approach. Pakistan Economic and Social Review, 51(1), 13-53.
  • Ali, S. (2013). An Analysis of the Impact of Globalization on Macroeconomic Performance in Pakistan. (Doctoral dissertation, Gomal University, DI Khan Pakistan).
  • Ali, S., Wahid, F. & Ali, Abid. (2019). Globalization And Macroeconomic-Instability: Analysis For Selected South Asian Countires Using Panel Data Techniques. Journal of the Research Society of Pakistan, 5 6 (1), 147- 168.
  • Ali, S. S., Tahir, S., & Arif, G. M. (1999). Dynamics of growth, poverty, and inequality in Pakistan [with Comments]. The Pakistan Development Review,38(4), 837-858.
  • Ali, S., Shah, M. & Ali, S (2015) Globalization and Macroeconomic Stability in Pakistan (1980-2010). Global Advanced Research Journal of Management and Business Studies, 4(9) 363-372
  • Ali, S., Zaman, K. U., & Shah, M. (2013). The Impact of Globalization on Unemployment (The case study of Pakistan 1980-2010). International Journal of Physical and Social Sciences, 3(4), 148.
  • Ali, S., Zaman, K., & Shah, M. (2013). The Impact of Economic Globalization on Macroeconomic Performance in Pakistan (1980-2010). International Journal of Marketing and Technology, 3(4), 25-37.
  • Anwar, T., (2005). Recent macroeconomic developments and implications for poverty and employment in Pakistan. In Economic Growth, Economic Performance and Welfare in South Asia (pp. 76-101). Palgrave Macmillan, London.
  • Barro, R. J., & Sala-i-Martin, X. (1995). Economic growth, 1995. McGraw Hill, New York.
  • Din, M. U., Ghani, E., & Siddique, O. (2003). Openness and economic growth in Pakistan. The Pakistan Development Review, 24(4), 795-807.
  • Dritsakis, N. (2011). Demand for money in Hungary: an ARDL approach. Review of Economics and Finance, (5).
  • Engle, R.F., and C.W.J. Granger (1987), Co-integration and Error Correction: Representation, Estimation, and Testing, Econometrica, 55, 251-276
  • Falki, N. (2009). Impact of foreign direct investment on economic growth in Pakistan. International Review of Business Research Papers, 5(5), 110-120.
  • Im, Kyung So; M. Hashem Pesaran & Yongcheol Shin, 2003. ‘Testing for Unit Roots in Heterogeneous Panels', Journal of Econometrics 115(1): 53-74.
  • Iqbal, M. S., Shaikh, F. M., & Shar, A. H. (2010). Causality relationship between foreign direct investment, trade and economic growth in Pakistan. Asian Social Science, 6(9), 82-91.
  • Iqbal, Z., & Sattar, A. (2005). The Contribution of Workers' remittances to Economic Growth in Bangladesh (No. 187). Research Report.
  • Kose, M. A., Prasad, E. S., & Terrones, M. E. (2005). Growth and Volatility in an Era of Globalization. IMF staff papers, 52(1), 31-63.
  • Johansen, S. (1995), Likelihood-based Inference in Cointegrated Vector Autoregressive Models, Oxford: Oxford University Press.
  • Kao, C. (1999), Spurious Regression and Residual-based Tests for Cointegration in Panel Data, Journal of Econometrics, 90, 1-44.
  • Kao, C. and M.-H. Chiang (2000), On the Estimation and Inference of a Cointegrated Regression in Panel Data, in: Baltagi B. (ed.), Nonstationary Panels, Panel Cointegration, and Dynamic Panels, Advances in Econometrics, Vol. 15, Amsterdam: JAI Press, 161-178.
  • Khan, A., & Ahmad, A. (January 2018). Organized Crimes and Governance Gap in the Conflict Affected NorthWestern Pakistan Pakistan Journal of Criminology, 10(1), 84-98.
  • Khan, A., Ahmad, A., & Dadda, A. A. (2017). Pak-US Relations: Understanding of the Misunderstandings. Global Social Science Review, 2(2), 1-23.
  • Levin, Andrew & Chien-Fu Lin, 1992. 'Unit Root Tests in Panel Data: Asymptotic and Finitesample Properties', University of California at San Diego, Economics Working Paper Series 92-23.
  • Levin, Andrew; Chien-Fu Lin & Chia-Shang James Chu, 2002. 'Unit Root Tests in Panel Data: Asymptotic and Finite-Sample Properties', Journal of Econometrics 108(1): 1-24.
  • Khan, A.E. and Gill, R.A. (2010),
  • Lucas, R. E. (1988). On the mechanics of economic development. Journal of monetary economics, 22(1), 3-42.
  • Munir, S. & Kiani, A. (2011). Relationship between Trade Openness and Inflation: Empirical evidences from Pakistan. Pakistan Development Review, 50(4), 1-62.
  • Onwuka, E. C., & Eguavoen, A. (2007). Globalization and Economic Development: The Nigerian Experience. Journal of Social Sciences, 14(1), 45-51.
  • Pedroni, P. (1995), Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Test with an Application to the PPP Hypothesis, Indiana University Working Papers in Economics, No. 95- 013.
  • Pedroni, P. (1999), Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors, Oxford Bulletin of Economics and Statistics, 61, 653-670.
  • Im, K. S., & Pesaran, M. H. (2003). On the panel unit root tests using nonlinear instrumental variables
  • Rama, M. (2003). Globalization and the labor market. The World Bank Research Observer, 18(2), 159-186.
  • Ratha, D. (2005). Workers' remittances: an important and stable source of external development finance. Remittances: development impact and future prospects, 19-51.
  • Ray, S. (2012). Globalization and economic growth in India: A Granger causality approach. Journal of Law, Policy and Globalization, 2.
  • Romer, D. (1993). Openness and inflation: theory and evidence. The Quarterly Journal of Economics, 108(4), 869- 903.
  • Tung, Le T, P.T.M. Ly and P.T.Q. Nhu (2015). The impact of remittance inflows on inflation: Evidence in Asian and the Pacific Developing Countries. Journal of Applied Economic Sciences 10(7):1076-1079.

Cite this article

APA

    APA : Ali, S., Ali, A., & Khan, S. (2019). Impact of Globalization on Inflation in Selected South Asian Countries: Using Panel Data Techniques. Global Social Sciences Review, IV(II), 245-253. https://doi.org/10.31703/gssr.2019(IV-II).32

CHICAGO

    CHICAGO : Ali, Sher, Abid Ali, and Saleem Khan. 2019. "Impact of Globalization on Inflation in Selected South Asian Countries: Using Panel Data Techniques." Global Social Sciences Review, IV (II): 245-253 doi: 10.31703/gssr.2019(IV-II).32

HARVARD

    HARVARD : ALI, S., ALI, A. & KHAN, S. 2019. Impact of Globalization on Inflation in Selected South Asian Countries: Using Panel Data Techniques. Global Social Sciences Review, IV, 245-253.

MHRA

    MHRA : Ali, Sher, Abid Ali, and Saleem Khan. 2019. "Impact of Globalization on Inflation in Selected South Asian Countries: Using Panel Data Techniques." Global Social Sciences Review, IV: 245-253

MLA

    MLA : Ali, Sher, Abid Ali, and Saleem Khan. "Impact of Globalization on Inflation in Selected South Asian Countries: Using Panel Data Techniques." Global Social Sciences Review, IV.II (2019): 245-253 Print.

OXFORD

    OXFORD : Ali, Sher, Ali, Abid, and Khan, Saleem (2019), "Impact of Globalization on Inflation in Selected South Asian Countries: Using Panel Data Techniques", Global Social Sciences Review, IV (II), 245-253

TURABIAN

    TURABIAN : Ali, Sher, Abid Ali, and Saleem Khan. "Impact of Globalization on Inflation in Selected South Asian Countries: Using Panel Data Techniques." Global Social Sciences Review IV, no. II (2019): 245-253. https://doi.org/10.31703/gssr.2019(IV-II).32