Autocorrelation in economic indicators before and after Natural Disaster
This study investigates the autocorrelation in economic indicators of Pakistan before and after Natural disaster in the light of variables,which includes GDP (deflator), Inflation (CPI), Money supply (M2), Remittances and Net export (X-M).This study considers the data forthe period of 1989-2009. In thisstudy, data has been divided into two sets; first having a data for the period of 19892005forbefore earthquake and second has adata for the period of 2006-2009 for after earthquake. The findings of this paper reveal that all of the major economic players of Pakistan as stated above do follow the certain upward trend for the period before natural disasters. While, after the event of natural disasters these major players have no certain trend and they move randomly.
Volume (Year): 6 (2012)
Issue (Month): 1 (Spring)
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- Tobias N. Rasmussen, 2004. "Macroeconomic Implications of Natural Disasters in the Caribbean," IMF Working Papers 04/224, International Monetary Fund.
- Noy, Ilan, 2009.
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- Raddatz, Claudio, 2007. "Are external shocks responsible for the instability of output in low-income countries?," Journal of Development Economics, Elsevier, vol. 84(1), pages 155-187, September.
- Raddatz, Claudio, 2005. "Are external shocks responsible for the instability of output in low income countries?," Policy Research Working Paper Series 3680, The World Bank.
- Fearon, James D, 2003. "Ethnic and Cultural Diversity by Country," Journal of Economic Growth, Springer, vol. 8(2), pages 195-222, June. Full references (including those not matched with items on IDEAS)
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