Sectoral Investment and Trade in Pakistan: An Empirical Analysis

Furrukh Bashir, Salyha Zulfiqar Ali Shah, Rashid Ahmad and Tayyaba Naveed

Journal of Business and Social Review in Emerging Economies, 2021, vol. 7, issue 3, 801-808

Abstract: Purpose: This study is conducted to examine the effectiveness of Investment in various sectors of the economy on exports of Pakistan over the period from 1972 to 2018.Methodology: For this purpose, World Development Indicators and Handbook of Statistics on Pakistan Economy have been utilized to collect time-series data on the related variables. Moreover, the econometric results have been calculated using the ARDL approach and diagnostics statistics are based on Normality Test, Ramsey RESET test and stability tests.Findings: The long-run results explore that Investments in the Agriculture Manufacturing sectors, Terms of Trade and Human Capital are increasing exports of Pakistan while investments in Services Transportation sectors are reducing exports of Pakistan.Implications: Based on econometric results, it is suggested that investments in manufacturing and agriculture sectors should be enhanced through low interest rates or by providing opportunities to the private sector so that it may lead to higher growth and exports.

Keywords: Sectoral Investment; Agriculture; ARDL; Pakistan (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/1983/1247 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:src:jbsree:v:7:y:2021:i:3:p:801-808

DOI: 10.26710/jbsee.v7i3.1983

Access Statistics for this article

More articles in Journal of Business and Social Review in Emerging Economies from CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan Contact information at EDIRC.
Bibliographic data for series maintained by Prof. Dr. Ghulam Shabir ().