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TRADE OPENNESS AND ECONOMIC GROWTH NEXUS IN PAKISTAN

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03 Pages : 24-33

http://dx.doi.org/10.31703/ger.2020(V-IV).03      10.31703/ger.2020(V-IV).03      Published : Dec 2020

Trade Openness and Economic Growth Nexus in Pakistan

Abstract

    This study explores the nexus amongst trade openness and economic growth for Pakistan for 1981-2019. Trade-openness is a dependent variable, and it is measured as imports plus exports to GDP ratio. Economic growth, Foreign Direct Investment, Inflation, Exchange rate, and interest rate are taken as explanatory variables. Co-integration approach by Johansen and Juselius (1988, 1991) has been used for long-run relationships. Results indicate that Trade-Openness has significantly affected the economic growth and other control variables of the study for Pakistan. There exist bidirectional Granger Causality in the selected variables.

    Economic Growth, FDI, Trade Openness, Inflation, Exchange Rate, Pakistan, Cointegration, ADF

    (1) Ghulam Yahya Khan
    Assistant Professor, Kashmir Institute of Economics, University of Azad Jammu & Kashmir, Muzaffarabad, Pakistan.
    (2) Muhammad Masood Anwar
    Women University of Azad Jammu & Kashmir, Bagh, Pakistan.
    (3) Aftab Anwar
    Assistant Professor, University of Education Lahore, Punjab, Pakistan.
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Cite this article

APA

CHICAGO

    CHICAGO : Khan, Ghulam Yahya, Muhammad Masood Anwar, and Aftab Anwar. 2020. "Trade Openness and Economic Growth Nexus in Pakistan." Global Economics Review, V (IV): 24-33 doi: 10.31703/ger.2020(V-IV).03

HARVARD

    HARVARD : KHAN, G. Y., ANWAR, M. M. & ANWAR, A. 2020. Trade Openness and Economic Growth Nexus in Pakistan. Global Economics Review, V, 24-33.

MHRA

    MHRA : Khan, Ghulam Yahya, Muhammad Masood Anwar, and Aftab Anwar. 2020. "Trade Openness and Economic Growth Nexus in Pakistan." Global Economics Review, V: 24-33

MLA

    MLA : Khan, Ghulam Yahya, Muhammad Masood Anwar, and Aftab Anwar. "Trade Openness and Economic Growth Nexus in Pakistan." Global Economics Review, V.IV (2020): 24-33 Print.

OXFORD

    OXFORD : Khan, Ghulam Yahya, Anwar, Muhammad Masood, and Anwar, Aftab (2020), "Trade Openness and Economic Growth Nexus in Pakistan", Global Economics Review, V (IV), 24-33

TURABIAN

    TURABIAN : Khan, Ghulam Yahya, Muhammad Masood Anwar, and Aftab Anwar. "Trade Openness and Economic Growth Nexus in Pakistan." Global Economics Review V, no. IV (2020): 24-33. https://doi.org/10.31703/ger.2020(V-IV).03