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DETERMINANTS OF INDUSTRIAL SECTOR GROWTH IN PAKISTAN

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06 Pages : 61-70

http://dx.doi.org/10.31703/ger.2019(IV-III).06      10.31703/ger.2019(IV-III).06      Published : Sep 2019

Determinants of Industrial Sector Growth in Pakistan

Abstract

    A strong industrial sector shows greater economic growth. To find industrial growth, this study hereby made an attempt. Time series data is used. Data is obtained from the years 1984 to 2018. The stationarity of the series is checked through Augmented Dickey-Fuller (ADF). Moreover, the ARDL approach is used to check short and long-run estimation of the model, estimating the determinants of the industrial sector growth in Pakistan. A long-run positive and significant associations between External debt (% of GDP), GDP (Annual Growth), FDI, Remittances (% of GDP) is identified, while trade has a negative effect on industrial growth. The factor remittances have an insignificant but positive influence on the industrial sector growth.

    Industrial Growth, ARDL, ADF, Economic Growth

    (1) Mujib Ur Rahman
    Demonstrator, Department of Economics, Abdul Wali Khan University, Mardan, KP, Pakistan.
    (2) Amtul Hafeez
    Assistant Professor, Department of Economics, National University of Modern Languages, Islamabad, Pakistan.
    (3) Wisal Ahmad
    Assistant Professor, Institute of Business Studies and Leadership, Abdul Wali Khan University Mardan, KP, Pakistan.
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Cite this article

APA

CHICAGO

    CHICAGO : Rahman, Mujib Ur, Amtul Hafeez, and Wisal Ahmad. 2019. "Determinants of Industrial Sector Growth in Pakistan." Global Economics Review, IV (III): 61-70 doi: 10.31703/ger.2019(IV-III).06

HARVARD

    HARVARD : RAHMAN, M. U., HAFEEZ, A. & AHMAD, W. 2019. Determinants of Industrial Sector Growth in Pakistan. Global Economics Review, IV, 61-70.

MHRA

    MHRA : Rahman, Mujib Ur, Amtul Hafeez, and Wisal Ahmad. 2019. "Determinants of Industrial Sector Growth in Pakistan." Global Economics Review, IV: 61-70

MLA

    MLA : Rahman, Mujib Ur, Amtul Hafeez, and Wisal Ahmad. "Determinants of Industrial Sector Growth in Pakistan." Global Economics Review, IV.III (2019): 61-70 Print.

OXFORD

    OXFORD : Rahman, Mujib Ur, Hafeez, Amtul, and Ahmad, Wisal (2019), "Determinants of Industrial Sector Growth in Pakistan", Global Economics Review, IV (III), 61-70

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