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Globalization and Economic Growth: Evidence from Pakistan

Author

Listed:
  • Zaheer Khan Kakar

    () (National University of Modern Languages Islamabad, Pakistan)

  • Bashir Ahmad Khilji

    () (National University of Modern Languages Islamabad, Pakistan)

  • Muhammad Jawad Khan

    () (Balochistan University of information technology, Jinnah Town Sumangli Road Quetta, Balochistan, Pakistan)

Abstract

The process of globalization has positives as well as negative impacts on any society, which differ from country to country. The negative effects can be countered by adopting the policies that contribute in economic development. This study attempts to review the nature of relationship between economic growth and globalization in Pakistan for the period 1980-2009 by employing the time series data. Co-integration and error correction technique are use to determine the long run effect of globalization on economic growth. The results indicate that globalization can be a useful tool for economic growth for a developing country like Pakistan.

Suggested Citation

  • Zaheer Khan Kakar & Bashir Ahmad Khilji & Muhammad Jawad Khan, 2011. "Globalization and Economic Growth: Evidence from Pakistan," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 3(3), pages 208-217, June.
  • Handle: RePEc:dug:actaec:y:2011:i:3:p:208-217
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/872/848
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    References listed on IDEAS

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    1. Ravallion, Martin & Chen, Shaohua, 1997. "What Can New Survey Data Tell Us about Recent Changes in Distribution and Poverty?," World Bank Economic Review, World Bank Group, vol. 11(2), pages 357-382, May.
    2. Bhanumurthy, N.R. & Mitra, Arup, 2006. "Globalization, Growth and Poverty in India," WIDER Working Paper Series 041, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. repec:ksp:journ3:v:4:y:2017:i:3:p:335-351 is not listed on IDEAS
    2. Sudhanshu K. MISHRA, 2017. "Almost equi-marginal principle based composite index of globalization: China, India and Pakistan," Journal of Economic and Social Thought, KSP Journals, vol. 4(3), pages 335-351, Seprember.

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