Long run relationship between domestic private investment and manufacturing sector of Pakistan: An application of bounds testing cointegration
The purpose of the present study is to analyze relationship between the domestic investment and manufacturing sector in Pakistan. The study employs an autoregressive distributed lag (ARDL) approach to investigate the effect of domestic private investment on manufacturing sector growth of Pakistan o...
Saved in:
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Bahauddin Zakariya University, Multan, Pakistan
2019
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/27412/1/PJSS%2039%202%202019%20739%20749.pdf http://repo.uum.edu.my/27412/ http://pjss.bzu.edu.pk/website/journal/vol/5ed0e5fe9df3e/page |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.27412 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.274122020-09-03T00:05:12Z http://repo.uum.edu.my/27412/ Long run relationship between domestic private investment and manufacturing sector of Pakistan: An application of bounds testing cointegration Rahman, Saif ur Abu Bakar, Nor'Aznin Idrees, Sadia HC Economic History and Conditions The purpose of the present study is to analyze relationship between the domestic investment and manufacturing sector in Pakistan. The study employs an autoregressive distributed lag (ARDL) approach to investigate the effect of domestic private investment on manufacturing sector growth of Pakistan over a time period of 1972 to 2017. The result of the study finds that domestic private investment in manufacturing, employment, and market size have significant and positive relationships with manufacturing growth, while exports and inflation have positive insignificant influence with growth manufacturing in short-run and long run. It is highly suggested that economic growth in manufacturing of Pakistan needs a significant level of domestic private investment which lead to the capital formation and economic progression. Bahauddin Zakariya University, Multan, Pakistan 2019 Article PeerReviewed application/pdf en http://repo.uum.edu.my/27412/1/PJSS%2039%202%202019%20739%20749.pdf Rahman, Saif ur and Abu Bakar, Nor'Aznin and Idrees, Sadia (2019) Long run relationship between domestic private investment and manufacturing sector of Pakistan: An application of bounds testing cointegration. Pakistan Journal of Social Sciences (PJSS), 39 (2). pp. 739-749. ISSN 2074-2061 http://pjss.bzu.edu.pk/website/journal/vol/5ed0e5fe9df3e/page |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutional Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
HC Economic History and Conditions |
spellingShingle |
HC Economic History and Conditions Rahman, Saif ur Abu Bakar, Nor'Aznin Idrees, Sadia Long run relationship between domestic private investment and manufacturing sector of Pakistan: An application of bounds testing cointegration |
description |
The purpose of the present study is to analyze relationship between the domestic investment and manufacturing sector in Pakistan. The study
employs an autoregressive distributed lag (ARDL) approach to investigate the effect of domestic private investment on manufacturing sector growth of Pakistan over a time period of 1972 to 2017. The result of the study finds that domestic private investment in manufacturing, employment, and market size have significant and positive relationships with manufacturing growth, while exports and inflation have positive insignificant influence with growth manufacturing in short-run and long run. It is highly suggested that
economic growth in manufacturing of Pakistan needs a significant level of domestic private investment which lead to the capital formation and economic progression. |
format |
Article |
author |
Rahman, Saif ur Abu Bakar, Nor'Aznin Idrees, Sadia |
author_facet |
Rahman, Saif ur Abu Bakar, Nor'Aznin Idrees, Sadia |
author_sort |
Rahman, Saif ur |
title |
Long run relationship between domestic private investment and manufacturing sector of Pakistan:
An application of bounds testing cointegration |
title_short |
Long run relationship between domestic private investment and manufacturing sector of Pakistan:
An application of bounds testing cointegration |
title_full |
Long run relationship between domestic private investment and manufacturing sector of Pakistan:
An application of bounds testing cointegration |
title_fullStr |
Long run relationship between domestic private investment and manufacturing sector of Pakistan:
An application of bounds testing cointegration |
title_full_unstemmed |
Long run relationship between domestic private investment and manufacturing sector of Pakistan:
An application of bounds testing cointegration |
title_sort |
long run relationship between domestic private investment and manufacturing sector of pakistan:
an application of bounds testing cointegration |
publisher |
Bahauddin Zakariya University, Multan, Pakistan |
publishDate |
2019 |
url |
http://repo.uum.edu.my/27412/1/PJSS%2039%202%202019%20739%20749.pdf http://repo.uum.edu.my/27412/ http://pjss.bzu.edu.pk/website/journal/vol/5ed0e5fe9df3e/page |
_version_ |
1677783830126133248 |
score |
13.18916 |