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Analysing Pakistan’s Investment Growth Over Time

In: Explaining Pakistan’s Long-Run Growth

Author

Listed:
  • Moazam Mahmood

    (Lahore School of Economics)

  • Rabia Ikram

    (Lahore School of Economics)

Abstract

The fifth essay found that a Keynesian aggregate demand model adapted to estimate growth over time explained Pakistan’s gross domestic product (GDP) growth trajectory well. The plurality of causal variables on the right-hand side of the equation was the model’s advantage in determining output growth on the left-hand side of the equation. Further, the nuance of the model through the Kahn-Keynes multiplier (k) posited investment and consumption as trade-offs rather than additives.

Suggested Citation

  • Moazam Mahmood & Rabia Ikram, 2025. "Analysing Pakistan’s Investment Growth Over Time," Springer Books, in: Explaining Pakistan’s Long-Run Growth, chapter 0, pages 137-177, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-86677-7_7
    DOI: 10.1007/978-3-031-86677-7_7
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