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Socio-Economic Inclusion and Sustainable Economic Growth: An Evidence from Pakistan

Author

Listed:
  • Muhammad Atif

    (Mohammad Ali Jinnah University, Karachi, Pakistan)

  • Afaq Ali Khan

    (Mohammad Ali Jinnah University, Karachi, Pakistan)

  • Sibghatullah

    (Mohammad Ali Jinnah University, Karachi, Pakistan)

  • Saeed Ahmed

    (Mohammad Ali Jinnah University, Karachi, Pakistan)

  • Muhammad Yaqoob

    (Mohammad Ali Jinnah University, Karachi, Pakistan)

Abstract

Over 48 years (1975-2022), this research analyzes Pakistan's socio-economic inclusion and sustainable growth using data from PBS, SBP, and WDI. It examines GDP growth alongside healthcare expenditure, capital formation, education spending, employment, and school enrollment. Employing ARDL models and tests, it explores short and long-term dynamics, emphasizing the significance of healthcare, capital investment, education, and employment. The rigorous methodology ensures reliability, offering evidence-based policy recommendations crucial for fostering inclusive and enduring economic development. Additionally, it evaluates the impact of government expenditure on education and employment dynamics, highlighting their role in shaping economic progress and gender inclusivity in education.

Suggested Citation

  • Muhammad Atif & Afaq Ali Khan & Sibghatullah & Saeed Ahmed & Muhammad Yaqoob, 2024. "Socio-Economic Inclusion and Sustainable Economic Growth: An Evidence from Pakistan," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(1), pages 70-77.
    • Handle: RePEc:rfh:bbejor:v:13:y:2024:i:1:p:70-77
    DOI: https://doi.org/10.61506/01.00192
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    References listed on IDEAS

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