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Impact of Major Economic Variables on Economic Growth of Pakistan

Author

Listed:
  • Muhammad Waqas Chughtai

    (Institute of Cost & Management Accountants of Pakistan)

  • Muhammad Waqas Malik

    (Institute of Cost & Management Accountants of Pakistan)

  • Rashid Aftab

    (Riphah International University)

Abstract

The aim of this paper is to examine the impact of major economic variables includes inflation rate, interest rate and exchange rate on economic growth of Pakistan. The secondary data has been taken for the years from 1981 to 2013. The results from multiple linear regression model describe that both inflation rate and interest rate spread negative impact on Pakistan?s economic growth while exchange rate is found positively significant on the economy. Therefore, all selected variables having less impact on economic growth of the country as compare to other factors that put a serious impact on Pakistan?s economy conditions.

Suggested Citation

  • Muhammad Waqas Chughtai & Muhammad Waqas Malik & Rashid Aftab, 2015. "Impact of Major Economic Variables on Economic Growth of Pakistan," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 11(2), pages 94-106, April.
    • Handle: RePEc:dug:actaec:y:2015:i:2:p:94-106
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    References listed on IDEAS

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    Cited by:

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    2. Azzi, Abdelkebir & Masih, Mansur, 2018. "Oil price volatility and macroeconomic determinants of growth: evidence from Morocco," MPRA Paper 108943, University Library of Munich, Germany.
    3. Nabila Khurshid & Asma Fiaz & Jamila Khurshid, 2020. "Analyzing the Impact of Gender Inequality on Economic Development in Pakistan: ARDL Bound Test Cointegration Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 10(4), pages 264-270.

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