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Does economic freedom boost economic growthin Pakistan and India?

Author

Listed:
  • Muhammad Ramzan Sheikh
  • Sadia Javaid
  • Muhammad Imran Mushtaq

    (Bahauddin Zakariya University Multan, Pakistan.)

Abstract

In the process of nations’well-being economic freedom is considered one of the prominent key factorsthat actively take part in economic progress.This study delvesintoa freedom-growthlinkforPakistan and India by usingthe ARDL technique for the periodof 1995-2015. For both countries, theresults exhibitpositive and statistically significant hookup in freedom-growth. The study has also suggested strategiesto enhance growth via accelerating economic freedom in both countries.

Suggested Citation

  • Muhammad Ramzan Sheikh & Sadia Javaid & Muhammad Imran Mushtaq, 2018. "Does economic freedom boost economic growthin Pakistan and India?," Pakistan Journal of Economic Studies, Department of Economics, The Islamia University of Bahawalpur, Pakistan., vol. 1(1), pages 45-58, June.
    • Handle: RePEc:akw:iupjes:v:1:y:2018:i:1:p:45-58
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    File URL: https://journals.iub.edu.pk/index.php/pjes/article/view/318/3
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    File URL: https://journals.iub.edu.pk/index.php/pjes/article/view/318
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    More about this item

    Keywords

    Economic Freedom; Economic Growth; ARDL.;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics

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