The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007)
This paper seeks to examine the impact of demographic variables on economic growth in Pakistan. A long-run relationship between the variables has been found by applying Johanson?s Co-integration Technique after finding the series I(1). The Error Correction Model (ECM) has been applied to streamline...
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| Format: | Article |
| Language: | English |
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Sunway University College
2009
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| Online Access: | http://eprints.sunway.edu.my/72/ http://eprints.sunway.edu.my/72/1/THE_IMPACT_OF_DEMOGRAPHIC_TRENDS_ON_ECONOMIC.pdf |
| _version_ | 1848801738330472448 |
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| author | Khalid Zaman, Waseem Ikram, Mehboob Ahmad, |
| author_facet | Khalid Zaman, Waseem Ikram, Mehboob Ahmad, |
| author_sort | Khalid Zaman, |
| building | SU Institutional Repository |
| collection | Online Access |
| description | This paper seeks to examine the impact of demographic variables on economic growth in Pakistan. A long-run relationship between the variables has been found by applying Johanson?s Co-integration Technique after finding the series I(1). The Error Correction Model (ECM) has been applied to streamline the short-run and long- run impacts of the variables on economic growth. Population has a positive but decreasing impact on economic growth in the long run. Trade liberalisation and Human Capital Formation have a negative impact on globalisation in the long run and an insignificant impact in the short run. As a result of an increase in unemployment in the labour market in the short run, Life Expectancy, Labour Productivity Per Capita and Population Growth Rate have a negative impact on economic growth. This analysis will help decision makers in developing strategies and policies to accelerate economic growth, human capital formation and trade liberalisation in Pakistan. |
| first_indexed | 2025-11-14T21:12:13Z |
| format | Article |
| id | sunway-72 |
| institution | Sunway University |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:12:13Z |
| publishDate | 2009 |
| publisher | Sunway University College |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | sunway-722013-05-08T09:21:35Z http://eprints.sunway.edu.my/72/ The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007) Khalid Zaman, Waseem Ikram, Mehboob Ahmad, HB Economic Theory HC Economic History and Conditions This paper seeks to examine the impact of demographic variables on economic growth in Pakistan. A long-run relationship between the variables has been found by applying Johanson?s Co-integration Technique after finding the series I(1). The Error Correction Model (ECM) has been applied to streamline the short-run and long- run impacts of the variables on economic growth. Population has a positive but decreasing impact on economic growth in the long run. Trade liberalisation and Human Capital Formation have a negative impact on globalisation in the long run and an insignificant impact in the short run. As a result of an increase in unemployment in the labour market in the short run, Life Expectancy, Labour Productivity Per Capita and Population Growth Rate have a negative impact on economic growth. This analysis will help decision makers in developing strategies and policies to accelerate economic growth, human capital formation and trade liberalisation in Pakistan. Sunway University College 2009 Article PeerReviewed text en http://eprints.sunway.edu.my/72/1/THE_IMPACT_OF_DEMOGRAPHIC_TRENDS_ON_ECONOMIC.pdf Khalid Zaman, and Waseem Ikram, and Mehboob Ahmad, (2009) The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007). Sunway Academic Journal, 6. pp. 133-146. http://sunway.edu.my/media/academic-journal |
| spellingShingle | HB Economic Theory HC Economic History and Conditions Khalid Zaman, Waseem Ikram, Mehboob Ahmad, The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007) |
| title | The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007) |
| title_full | The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007) |
| title_fullStr | The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007) |
| title_full_unstemmed | The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007) |
| title_short | The impact of demographic trends on economic growth ? productivity in Pakistan (1980-2007) |
| title_sort | impact of demographic trends on economic growth ? productivity in pakistan (1980-2007) |
| topic | HB Economic Theory HC Economic History and Conditions |
| url | http://eprints.sunway.edu.my/72/ http://eprints.sunway.edu.my/72/ http://eprints.sunway.edu.my/72/1/THE_IMPACT_OF_DEMOGRAPHIC_TRENDS_ON_ECONOMIC.pdf |