EXPLORING THE FACTORS AFFECTING ECONOMIC GROWTH IN PAKISTAN

http://dx.doi.org/10.31703/gssr.2020(V-III).43      10.31703/gssr.2020(V-III).43      Published : Sep 3
Authored by : Salyha Zulfiqar Ali Shah , Muhammad Muzammil Asghar , Umber Riaz

43 Pages : 400-409

References

  • Aghion, P., Howitt, P., Howitt, P. W., Brant-Collett, M., & García-Peñalosa, C. (1998). Endogenous growth theory. MIT press.
  • Ajide, K. B. (2014). Determinants of economic growth in Nigeria. CBN Journal of Applied Statistics (JAS), 5(2), 8.
  • Anaman, K. A. (2004). Determinants of economic growth in Brunei Darussalam. Journal of Asian Economics, 15(4), 777-796.
  • Barro, R. J. (1991). Economic growth in a cross-section of countries. The quarterly journal of economics, 106(2), 407-443.
  • Barro, R. J. (2003). Determinants of economic growth in a panel of countries. Annals of economics and finance, 4, 231-274
  • Barro, R. J., & Sala-i-Martin, X. (1995). Economic Growth. McGraw-Hill
  • Bruns, S. B., & Ioannidis, J. P. (2020). Determinants of economic growth: Different time different answer?. Journal of Macroeconomics, 63, 103185
  • Chen, B., & Feng, Y. (2000). Determinants of economic growth in China: Private enterprise, education, and openness. China Economic Review, 11(1), 1-15.
  • Dollar, D. (1992). Outward-oriented developing economies really do grow more rapidly: evidence from 95 LDCs, 1976-1985. Economic development and cultural change, 40(3), 523-544.
  • Durlauf, S., Kourtellos, A., & Tan, C. (2008). Are any growth theories robust? Economic Journal, 118, 329-46.
  • Durlauf, S. N., & Danny, Q. (1998).The empirics of economic growth. NBER - Working Paper Series 6422, February.
  • Easterly, W., & Rebelo, S. (1993). Fiscal policy and economic growth. Journal of monetary economics, 32(3), 417-458.
  • Fischer, S. (1993). The role of macroeconomic factors in growth. Journal of monetary economics, 32(3), 485-512.
  • Gheraia, Z., Benmeriem, M., Abdelli, H. A., & Saadaoui, S. (2021). The Effect of Education Expenditure on Economic Growth: The Case of the Kingdom of Saudi Arabia. Humanities and Social Sciences Letters, 9(1), 14-23.
  • Government of Pakistan. (2020-21). Pakistan Economic Survey. Federal Bureau of Statistics, Islamabad.
  • Greene, W. H. (2003). Econometric Analysis. Pearson Education India.
  • Gujarati, D. (2012). Econometrics by Example. Macmillan.
  • Hicks, J. (1965). Capital and Growth, Oxford University, Press, Oxford.
  • Ho, S. Y., & Iyke, B. N. (2020). The determinants of economic growth in Ghana: New empirical evidence. Global Business Review, 21(3), 626-644.
  • Hossain, M. S., & Mitra, R. (2013). The determinants of economic growth in Africa: a dynamic causality and panel cointegration analysis. Economic Analysis and Policy, 43(2), 217.
  • Hussin, F., Mat Ros, N., & Zamzuri Noor, M. S. (2013). Determinants of economic growth in Malaysia 1970-2010. Asian Journal of Empirical Research, 3(9), 1140-1151.
  • Ledyaeva, S., & Linden, M. (2008). Determinants of economic growth: empirical evidence from Russian regions. European Journal of Comparative Economics, 5(1).
  • Lin, J. Y., & Li, Y. (1990). Exports and Economic Growth in China: A Demand Oriented Analysis. China Center for Economic Research, Pekin University, Beijing.
  • Lucas Jr, R. E. (1988). On the mechanics of economic development. Journal of monetary economics, 22(1), 3-42.
  • Mankiw, N. G., Romer, D., & Weil, D. (MRW) (1992). A contribution to the empirics of economic growth, Quarterly Journal of Economics, 107, 407-37.
  • Mercan, M., & Sezer, S. (2014). The effect of education expenditure on economic growth: The case of Turkey. Procedia-Social and Behavioral Sciences, 109, 925-930.
  • Miah, M. M., & Majumder, S. C. (2020). An Empirical Investigation of the Impact of FDI, Export and Gross Domestic Savings on the Economic Growth in Bangladesh. The Economics and Finance Letters, 7(2), 255-267.
  • Ndiaya, C., & Lv, K. (2018). Role of industrialization on economic growth: the experience of Senegal (1960-2017). American Journal of Industrial and Business Management, 8(10), 2072.
  • Nyaruirumugure, M., Simiyu, J. M., & Bunde, A. O. (2017). Analysis of Macroeconomic Determinants of Economic Growth in Kenya.
  • Ongo, E. N., & Vukenkeng, A. W. (2014). Does gross capital formation matter for economic growth in the CEMAC sub-region? EuroEconomica, 33(2).
  • Ou, K. A. (2015). The effect of industrial development on economic growth (an empirical evidence in Nigeria 1973-2013). Eur. J. Bus. Soc. Sci, 4(02), 127-140.
  • Pagano, M. (1993). Financial markets and growth: an overview. European economic review, 37(2-3), 613-622.
  • Pegkas, P., Staikouras, C., & Tsamadias, C. (2020). On the determinants of economic growth: Empirical evidence from the Eurozone countries. International Area Studies Review, 23(2), 210-229.
  • Rao, B. B., & Hassan, G. M. (2012). An analysis of the determinants of the long-run growth rate of Bangladesh. Applied Economics, 44(5), 565-580.
  • Rao, T. K., & Bedada, L. S. (2017). Macroeconomic determinants of economic growth in Ethiopia. International Journal of Advanced Research in Management and Social Sciences, 6(5), 27-48.
  • Sachs, J. D., Warner, A., Ã…slund, A., & Fischer, S. (1995). Economic reform and the process of global integration. Brookings papers on economic activity, 1995(1), 1-118.
  • Shahbaz, M., Ahmad, K., & Chaudhary, A. R. (2008). Economic growth and its determinants in Pakistan. The Pakistan Development Review, 47(4), 471-486.
  • Simionescu, M., Lazányi, K., Sopková, G., DobeÅ¡, K., & Balcerzak, A. P. (2017). Determinants of economic growth in V4 countries and Romania. Journal of Competitiveness. 9(1), 103-116.
  • Solow, R. (1956) A contribution to the theory of economic growth, Quarterly Journal of Economics, 70, 65-94.
  • Solow, R. (1957) Technological change and the aggregate production function, Review of Economics and Statistics, 39, 312-20.
  • Vedia-Jerez, D. H., & Chasco, C. (2016). Long-run determinants of economic growth in South America. Journal of Applied Economics, 19(1), 169-192
  • Yusoff, M. B., & Nulambeh, N. A. (2016). Exports, Imports, Exchange rates, Gross domestic investment, and Growth: Empirical Evidence from Cameroon. IIARD International Journal of Economics and Business Management, 2(8), 18-32
  • Aghion, P., Howitt, P., Howitt, P. W., Brant-Collett, M., & García-Peñalosa, C. (1998). Endogenous growth theory. MIT press.
  • Ajide, K. B. (2014). Determinants of economic growth in Nigeria. CBN Journal of Applied Statistics (JAS), 5(2), 8.
  • Anaman, K. A. (2004). Determinants of economic growth in Brunei Darussalam. Journal of Asian Economics, 15(4), 777-796.
  • Barro, R. J. (1991). Economic growth in a cross-section of countries. The quarterly journal of economics, 106(2), 407-443.
  • Barro, R. J. (2003). Determinants of economic growth in a panel of countries. Annals of economics and finance, 4, 231-274
  • Barro, R. J., & Sala-i-Martin, X. (1995). Economic Growth. McGraw-Hill
  • Bruns, S. B., & Ioannidis, J. P. (2020). Determinants of economic growth: Different time different answer?. Journal of Macroeconomics, 63, 103185
  • Chen, B., & Feng, Y. (2000). Determinants of economic growth in China: Private enterprise, education, and openness. China Economic Review, 11(1), 1-15.
  • Dollar, D. (1992). Outward-oriented developing economies really do grow more rapidly: evidence from 95 LDCs, 1976-1985. Economic development and cultural change, 40(3), 523-544.
  • Durlauf, S., Kourtellos, A., & Tan, C. (2008). Are any growth theories robust? Economic Journal, 118, 329-46.
  • Durlauf, S. N., & Danny, Q. (1998).The empirics of economic growth. NBER - Working Paper Series 6422, February.
  • Easterly, W., & Rebelo, S. (1993). Fiscal policy and economic growth. Journal of monetary economics, 32(3), 417-458.
  • Fischer, S. (1993). The role of macroeconomic factors in growth. Journal of monetary economics, 32(3), 485-512.
  • Gheraia, Z., Benmeriem, M., Abdelli, H. A., & Saadaoui, S. (2021). The Effect of Education Expenditure on Economic Growth: The Case of the Kingdom of Saudi Arabia. Humanities and Social Sciences Letters, 9(1), 14-23.
  • Government of Pakistan. (2020-21). Pakistan Economic Survey. Federal Bureau of Statistics, Islamabad.
  • Greene, W. H. (2003). Econometric Analysis. Pearson Education India.
  • Gujarati, D. (2012). Econometrics by Example. Macmillan.
  • Hicks, J. (1965). Capital and Growth, Oxford University, Press, Oxford.
  • Ho, S. Y., & Iyke, B. N. (2020). The determinants of economic growth in Ghana: New empirical evidence. Global Business Review, 21(3), 626-644.
  • Hossain, M. S., & Mitra, R. (2013). The determinants of economic growth in Africa: a dynamic causality and panel cointegration analysis. Economic Analysis and Policy, 43(2), 217.
  • Hussin, F., Mat Ros, N., & Zamzuri Noor, M. S. (2013). Determinants of economic growth in Malaysia 1970-2010. Asian Journal of Empirical Research, 3(9), 1140-1151.
  • Ledyaeva, S., & Linden, M. (2008). Determinants of economic growth: empirical evidence from Russian regions. European Journal of Comparative Economics, 5(1).
  • Lin, J. Y., & Li, Y. (1990). Exports and Economic Growth in China: A Demand Oriented Analysis. China Center for Economic Research, Pekin University, Beijing.
  • Lucas Jr, R. E. (1988). On the mechanics of economic development. Journal of monetary economics, 22(1), 3-42.
  • Mankiw, N. G., Romer, D., & Weil, D. (MRW) (1992). A contribution to the empirics of economic growth, Quarterly Journal of Economics, 107, 407-37.
  • Mercan, M., & Sezer, S. (2014). The effect of education expenditure on economic growth: The case of Turkey. Procedia-Social and Behavioral Sciences, 109, 925-930.
  • Miah, M. M., & Majumder, S. C. (2020). An Empirical Investigation of the Impact of FDI, Export and Gross Domestic Savings on the Economic Growth in Bangladesh. The Economics and Finance Letters, 7(2), 255-267.
  • Ndiaya, C., & Lv, K. (2018). Role of industrialization on economic growth: the experience of Senegal (1960-2017). American Journal of Industrial and Business Management, 8(10), 2072.
  • Nyaruirumugure, M., Simiyu, J. M., & Bunde, A. O. (2017). Analysis of Macroeconomic Determinants of Economic Growth in Kenya.
  • Ongo, E. N., & Vukenkeng, A. W. (2014). Does gross capital formation matter for economic growth in the CEMAC sub-region? EuroEconomica, 33(2).
  • Ou, K. A. (2015). The effect of industrial development on economic growth (an empirical evidence in Nigeria 1973-2013). Eur. J. Bus. Soc. Sci, 4(02), 127-140.
  • Pagano, M. (1993). Financial markets and growth: an overview. European economic review, 37(2-3), 613-622.
  • Pegkas, P., Staikouras, C., & Tsamadias, C. (2020). On the determinants of economic growth: Empirical evidence from the Eurozone countries. International Area Studies Review, 23(2), 210-229.
  • Rao, B. B., & Hassan, G. M. (2012). An analysis of the determinants of the long-run growth rate of Bangladesh. Applied Economics, 44(5), 565-580.
  • Rao, T. K., & Bedada, L. S. (2017). Macroeconomic determinants of economic growth in Ethiopia. International Journal of Advanced Research in Management and Social Sciences, 6(5), 27-48.
  • Sachs, J. D., Warner, A., Ã…slund, A., & Fischer, S. (1995). Economic reform and the process of global integration. Brookings papers on economic activity, 1995(1), 1-118.
  • Shahbaz, M., Ahmad, K., & Chaudhary, A. R. (2008). Economic growth and its determinants in Pakistan. The Pakistan Development Review, 47(4), 471-486.
  • Simionescu, M., Lazányi, K., Sopková, G., DobeÅ¡, K., & Balcerzak, A. P. (2017). Determinants of economic growth in V4 countries and Romania. Journal of Competitiveness. 9(1), 103-116.
  • Solow, R. (1956) A contribution to the theory of economic growth, Quarterly Journal of Economics, 70, 65-94.
  • Solow, R. (1957) Technological change and the aggregate production function, Review of Economics and Statistics, 39, 312-20.
  • Vedia-Jerez, D. H., & Chasco, C. (2016). Long-run determinants of economic growth in South America. Journal of Applied Economics, 19(1), 169-192
  • Yusoff, M. B., & Nulambeh, N. A. (2016). Exports, Imports, Exchange rates, Gross domestic investment, and Growth: Empirical Evidence from Cameroon. IIARD International Journal of Economics and Business Management, 2(8), 18-32

Cite this article

    CHICAGO : Shah, Salyha Zulfiqar Ali, Muhammad Muzammil Asghar, and Umber Riaz. 2020. "Exploring the Factors Affecting Economic Growth in Pakistan." Global Social Sciences Review, V (III): 400-409 doi: 10.31703/gssr.2020(V-III).43
    HARVARD : SHAH, S. Z. A., ASGHAR, M. M. & RIAZ, U. 2020. Exploring the Factors Affecting Economic Growth in Pakistan. Global Social Sciences Review, V, 400-409.
    MHRA : Shah, Salyha Zulfiqar Ali, Muhammad Muzammil Asghar, and Umber Riaz. 2020. "Exploring the Factors Affecting Economic Growth in Pakistan." Global Social Sciences Review, V: 400-409
    MLA : Shah, Salyha Zulfiqar Ali, Muhammad Muzammil Asghar, and Umber Riaz. "Exploring the Factors Affecting Economic Growth in Pakistan." Global Social Sciences Review, V.III (2020): 400-409 Print.
    OXFORD : Shah, Salyha Zulfiqar Ali, Asghar, Muhammad Muzammil, and Riaz, Umber (2020), "Exploring the Factors Affecting Economic Growth in Pakistan", Global Social Sciences Review, V (III), 400-409
    TURABIAN : Shah, Salyha Zulfiqar Ali, Muhammad Muzammil Asghar, and Umber Riaz. "Exploring the Factors Affecting Economic Growth in Pakistan." Global Social Sciences Review V, no. III (2020): 400-409. https://doi.org/10.31703/gssr.2020(V-III).43