Service Sector as an Engine of Growth: Empirical Analysis of Pakistan
Hira Mujahid and
Additional contact information
Hira Mujahid: Author is a M. Phil student at Applied economics research center, University of Karachi, Karachi-75279
Shaista Alam: Assistant Professor/ Research Economist at Applied economics research center, University of Karachi 75279
Authors registered in the RePEc Author Service: Hira Mujajhid ()
Asian Economic and Financial Review, 2014, vol. 4, issue 3, 377-386
The objective of the present study is to examine the determinants of service sector growth such as external debt, population, gross domestic product per capita, foreign direct investment and government consumption and employed labour force in services. For this purpose the study employed co-integration technique and vector error correction model for investigating long run as well as short run relationship among variables respectively during the annual time period 1976-2010. Results proposed that there is significant effect of population, foreign direct investment, consumption and investment on service sector growth in Pakistan.
Keywords: Service Sector; Trade liberalization; Growth rate; Consumption (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:asi:aeafrj:2014:p:377-386
Access Statistics for this article
Asian Economic and Financial Review is currently edited by Dr. Qazi Muhammad Adnan Hye
More articles in Asian Economic and Financial Review from Asian Economic and Social Society Sadeeq Block, Near Fawara Chowk, Abbasia Town, Rahim Yar Khan - 64200, Punjab, Pakistan.
Bibliographic data for series maintained by Chan Hoi Yan ().