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An Empirical Analysis of the Growth-Health Relationship in Pakistan Khalid, Nayab; Qayyum, Aaqib
Quantitative Economics and Management Studies Vol. 2 No. 3 (2021)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (340.182 KB) | DOI: 10.35877/454RI.qems272

Abstract

The purpose of this study is to examine Pakistan's health sector issues and the critical ties between health indicators and economic growth. ARDL analysis has been applied on the data set of Pakistan’s economy, in the time reference to 1990-2020. The study revealed that the important ties between GDP, foreign direct investment, fertility and life expectation in the short run are strong, while mortality rate is negative, but have a significant impact on economic development. The fertility rate has a huge effect on GDP in long-term, while affecting foreign direct investment. The study achieves that countries with developing economic growth will focus more on improving human capital well-being.
The Causality Between Industrial Development and Economic Growth: A Case of Pakistan Qayyum, Aaqib; Khalid, Nayab; Muhammad Usman
Daengku: Journal of Humanities and Social Sciences Innovation Vol. 1 No. 2 (2021)
Publisher : Lembaga Penelitian dan Pengembangan Teknologi dan Rekayasa, Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (573.456 KB) | DOI: 10.35877/454RI.daengku454

Abstract

Industrial sector is the paramount factor in the development of economic growth. This study has analysed the industrial pantomime in case of Pakistan. Times series data has been used for 40 years, from 1980-2020. Initially the data has been checked for stationarity, by applying ADF, test which proved that, all the indicators are stationary at level. This confirms that, we are allowed to apply OLS regression analysis for the desired results. The study concluded that there has been positive and significant relationship between industrial construction and economy activity of Pakistan. Only factor that, induces negative impact on the economic growth, is the excessive consumption of energy resources; growth of electricity, gas and water supply. Foreign direct investment indicated negative association with the economy, but also gives the insignificant results.