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The Impact of Foreign Aid, Energy Production and Human Capital on Income Inequality: A Case Study of Pakistan

Author

Listed:
  • Usman Qamar Sheikh

    (Ph.D Student at National College of Business Administration and Economics, Lahore, Pakistan)

  • Muhammad Zafar Iqbal

    (University of Agriculture, Faisalabad, Pakistan)

  • Hafiz Khalil Ahmad

    (Punjab University Lahore, Pakistan)

Abstract

This study attempt to examine the impact of foreign aid, energy production and human capital on income inequality in case of Pakistan. For empirical analyses, the study have been used annual time series data covering the period 1984 to 2012. The study has been used the Johansen co-integration to see the long run co- integration among the variables of the study. The results of Johansen co-integration shows that there is long run co-integration among the variables of the study. The long run coefficient shows that foreign aid and human capital play significant role to decrease the income inequality in case of Pakistan. When energy production positively and significantly affect income inequality in case of Pakistan.

Suggested Citation

  • Usman Qamar Sheikh & Muhammad Zafar Iqbal & Hafiz Khalil Ahmad, 2016. "The Impact of Foreign Aid, Energy Production and Human Capital on Income Inequality: A Case Study of Pakistan," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 5(1), pages 1-9, March.
    • Handle: RePEc:rfh:bbejor:v:5:y:2016:i:1:p:1-9
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    References listed on IDEAS

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    More about this item

    Keywords

    : foreign aid; energy production; human capital and income inequality;
    All these keywords.

    JEL classification:

    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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