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

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  • Shahbaz, Muhammad
  • Rahman, Mizanur

Abstract

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.

Suggested Citation

  • Shahbaz, Muhammad & Rahman, Mizanur, 2011. "Impact of economic growth and financial development on exports: Cointegration and causality analysis in Pakistan," MPRA Paper 28563, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:28563
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    References listed on IDEAS

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    Cited by:

    1. Shahbaz, Muhammad, 2010. "Does financial instability increase environmental pollution in Pakistan?," MPRA Paper 31360, University Library of Munich, Germany, revised 28 Mar 2011.

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    More about this item

    Keywords

    Economic growth; financial development; Cointegration; Pakistan;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • A10 - General Economics and Teaching - - General Economics - - - General

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