Is Per Capita GDP Non-linear Stationary in SAARC Countries?

Aviral Tiwari, Muhammad Shahbaz () and Muhammad Shahbaz Shabbir
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Muhammad Shahbaz: Department of Management Sciences, COMSATS Institute of Information Technology, Lahore, Pakistan
Muhammad Shahbaz Shabbir: University of Illinois at Urbana Champaign, Champaign, USA
Authors registered in the RePEc Author Service: Muhammad Shahbaz

European Economic Letters, 2012, vol. 1, issue 1, 1-5

Abstract: Using data for SAARC region, we found real GDP per capita is nonlinear stationary implying that shocks to economy by economic policies (external or internal) have permanent effect on real per capita GDP of SAARC countries. This finding reveals that classical growth model works better to boost economic growth in long run.

Keywords: GDP; Stationarity (search for similar items in EconPapers)
JEL-codes: C33 F41 (search for similar items in EconPapers)
Date: 2012
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Working Paper: Is per capita GDP non-linear stationary in SAARC countries? (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:eueclt:0001

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