مقالے کی معلومات
جلد
شمارہ
مقالے کی قسم
زبان
تلخیص
The investigation of contribution of total factor productivity to economic-growth for Pakistan for period
1978-2019 was objective of current article. Johanson and Jusilies (1988, 1995) Co integration technique
has been used to estimate the growth equation. Using growth accounting approach for estimation of total
factor productivity. Labour force, physical-capital, human-capital and trade openness used as a set of
control variables. To study the serial correlation we have use LM test. Wald test have been use as a
coefficient diagnostic that have reported the existence of the short run relations ship also among the
variable(s). The Granger-Causality test measure Causality of variables that shows some of variables had a
Bi-directional causality and some of them have uni-directional causality. The study used collected data
from world development indicators. In the particular, study found that there is long run relationship in TFP
and Economic-growth as well as in short-run. This study is (i) among one of very few country specific
investigations exploring Total Factor productivity (TFP) and growth nexus (ii) Using an advanced time
series technique on most recent data set.
GHULAM YAHYA KHAN, MEHRAN DIN MUHAMMAD, SALIK MEHBOOB. (2020) Total Factor Productivity and Economic Growth of Pakistan: A Time Series Analysis, International Review of Management and Business Research, Volume 9, Issue 3.
-
Views
681 -
Downloads
52