Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/188066 
Year of Publication: 
2012
Citation: 
[Journal:] Pakistan Journal of Commerce and Social Sciences (PJCSS) [ISSN:] 2309-8619 [Volume:] 6 [Issue:] 2 [Publisher:] Johar Education Society, Pakistan (JESPK) [Place:] Lahore [Year:] 2012 [Pages:] 382-391
Publisher: 
Johar Education Society, Pakistan (JESPK), Lahore
Abstract: 
Evaluation of long run relationship of the openness policy and Pakistan's economic growth is the prime objective of the study. Two different econometric techniques i.e. Johnson co-integration technique and Error Correction Model are applied to estimate the relationship with annual data span from 1970 to 2012. Export, import and Foreign Direct Investment are taken as variables which show a broader sense of openness. The result of our study shows that there is a long run relationship between openness and economic growth with reference of Pakistan. Further, the study proofs the Export Led Growth hypothesis in case of Pakistan.
Subjects: 
Openness
Economic growth and long-run relationship
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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