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An Econometric Model of the Role of Financial Institutions in Financing Private Investment in Pakistan

Author

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  • ABUL M. M. MASIH

    (University of New South Wales at Duntroon,Canberra, Australia.)

Abstract

The paper examines the relationship not only between private investment and fmanciallinkage variables but also amongst the linkage variables. It examines the effect of different policy instruments on investment to provide guidelines to 'monetary authorities. It shows that the private investment in Pakistan was linked with the availability rather than the price of funds.

Suggested Citation

  • Abul M. M. Masih, 1979. "An Econometric Model of the Role of Financial Institutions in Financing Private Investment in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 18(3), pages 191-214.
    • Handle: RePEc:pid:journl:v:18:y:1979:i:3:p:191-214
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    File URL: http://www.pide.org.pk/pdf/PDR/1979/Volume3/191-214.pdf
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    Cited by:

    1. Brian Muyambiri & NM Odhiambo, 2018. "South Africa’s Financial Development and its Role in Investment," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 7(1), pages 101-120.
    2. Mamoon, Dawood & Nicholas, Howard, 2017. "Financial Liberalisation and Economic Growth: A Preliminary Analysis," MPRA Paper 82976, University Library of Munich, Germany.

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