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Impact of economic growth and financial development on exports: Cointegration and causality analysis in Pakistan

  • Shahbaz, Muhammad
  • Rahman, Mizanur

The analysis shows cointegration between exports, economic growth and financial development in case of Pakistan. The results that economic growth and financial development stimulate rate of exports growth in Pakistan. The causality analysis reveals bidirectional causal relationship between financial development and economic growth, financial development and exports and exports and economic growth in case of Pakistan.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 28563.

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Date of creation: 03 Feb 2011
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Handle: RePEc:pra:mprapa:28563
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  7. Judith A. Giles & Cara L. Williams, 2000. "Export-Led Growth: A Survey of the Empirical Literature and Some Noncausality Results, Part 1," Econometrics Working Papers 0001, Department of Economics, University of Victoria.
  8. Ram, Rati, 1987. "Exports and Economic Growth in Developing Countries: Evidence from Time-Series and Cross-Section Data," Economic Development and Cultural Change, University of Chicago Press, vol. 36(1), pages 51-72, October.
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