Determinants of Capital Formation: New Evidence for Pakistan - Couverture souple

Shahid, Muhammad; Azim, Parvez

 
9783843387927: Determinants of Capital Formation: New Evidence for Pakistan
Couverture souple
ISBN 10 : 3843387923 ISBN 13 : 9783843387927
Editeur : LAP LAMBERT Academic Publishing, 2010

Synopsis

The study investigates the determinants of gross capital formation in Pakistan. The ARDL bound testing approach, developed by Pesaran et al. (2001), is applied to examine the cointegration or the long run relationship among the selected variables. The Error Correction Mechanism (ECM) is used to scrutinize the short run impact on independent variables upon the gross capital formation. Studying determinants of capital formation is important in economic literature because it has vast implications in handling the issue of low capital formation in developing countries. Capital formation facilitates infrastructure development, and utilizes internal resources for production and manufacturing, encourage savings by increasing the number of financial institutions that ultimately lead to higher economic growth. The findings of this study are important for formulation of development strategies.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The study investigates the determinants of gross capital formation in Pakistan. The ARDL bound testing approach, developed by Pesaran et al. (2001), is applied to examine the cointegration or the long run relationship among the selected variables. The Error Correction Mechanism (ECM) is used to scrutinize the short run impact on independent variables upon the gross capital formation. Studying determinants of capital formation is important in economic literature because it has vast implications in handling the issue of low capital formation in developing countries. Capital formation facilitates infrastructure development, and utilizes internal resources for production and manufacturing, encourage savings by increasing the number of financial institutions that ultimately lead to higher economic growth. The findings of this study are important for formulation of development strategies.

Biographie de l'auteur

The authors are Research Scholar and Professor of Economics at Department of Economics, Government College University Lahore, Pakistan respectively. Their Areas of Research mainly include Microeconomics, International Trade and Development Economics. Mr. Shahid is also working with Health department Government of Punjab as a Nutritionist

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2010
Langue
anglais
ISBN 10 
3843387923
ISBN 13 
9783843387927
Reliure
Broché
Nombre de pages
68
Coordonnées du fabricant
non disponible
Personne responsable
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