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Globalization and Economic Growth: Evidence from Pakistan

Author

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  • Zaheer Khan Kakar

    (National University of Modern Languages Islamabad, Pakistan)

  • Bashir Ahmad Khilji

    (National University of Modern Languages Islamabad, Pakistan)

  • Muhammad Jawad Khan

    (Balochistan University of information technology, Jinnah Town Sumangli Road Quetta, Balochistan, Pakistan)

Abstract

The process of globalization has positives as well as negative impacts on any society, which differ from country to country. The negative effects can be countered by adopting the policies that contribute in economic development. This study attempts to review the nature of relationship between economic growth and globalization in Pakistan for the period 1980-2009 by employing the time series data. Co-integration and error correction technique are use to determine the long run effect of globalization on economic growth. The results indicate that globalization can be a useful tool for economic growth for a developing country like Pakistan.

Suggested Citation

  • Zaheer Khan Kakar & Bashir Ahmad Khilji & Muhammad Jawad Khan, 2011. "Globalization and Economic Growth: Evidence from Pakistan," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 3(3), pages 208-217, June.
    • Handle: RePEc:dug:actaec:y:2011:i:3:p:208-217
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/872/848
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    References listed on IDEAS

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    1. Ravallion, Martin & Chen, Shaohua, 1997. "What Can New Survey Data Tell Us about Recent Changes in Distribution and Poverty?," The World Bank Economic Review, World Bank, vol. 11(2), pages 357-382, May.
    2. N. R. Bhanumurthy & Arup Mitra, 2006. "Globalization, Growth and Poverty in India," WIDER Working Paper Series RP2006-41, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Sudhanshu K. MISHRA, 2017. "Almost equi-marginal principle based composite index of globalization: China, India and Pakistan," Journal of Economic and Social Thought, KSP Journals, vol. 4(3), pages 335-351, Seprember.
    2. Imtiaz, Amir & Javid, Snober, 2023. "Resource curse or blessings hypothesis in Pakistan: The role of financial development and oil prices in era of globalization," Resources Policy, Elsevier, vol. 86(PA).
    3. Ayesha Siddiqa & Tariq Hussain & Muhammad Qasim & M. Imran Javed, 2018. "The Impact of Globalization on Unemployment and Economic Growth: Panel Data Analysis for Developing Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 7(3), pages 122-131, September.
    4. Farid Ullah & Abdur Rauf & Nasir Rasool, 2014. "Analyzing the Impact of Globalization on Economic Growth," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 10(2), pages 87-99, April.
    5. Samuel B. Adewumi & Chinedu J. Ogbodo & James E. Onoh, 2019. "Human Capital Flight, Remittances and the Problem of Achieving Sustainable Economic Growth in Africa," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 3(3), pages 190-197, March.
    6. Huynh Thi Dieu Linh & Truong Ngoc Linh, 2023. "Impacts of globalisation on economic growth in Europe Union countries," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 13(1), pages 87-102.

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