183 research outputs found

    2020 USA Faculty Handbook

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    1994 USA Faculty Handbook

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    2014 USA Faculty Handbook

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    2005 USA Faculty Handbook

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    1987 USA Faculty Handbook

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    Key Bottlenecks to Economic Growth in Pakistan: An Extended Three-Gap Analysis

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    Abstract This paper analyzes the significance of public and private savings for sustainable economic growth in Pakistan. We formulate a three gap model and estimate it using annual data covering more than a half century period from FY1962 to FY2013. Our estimation results of extended model along with counterfactual simulation show that both foreign exchange and fiscal gaps restrain economic growth in Pakistan. The fiscal gap also appears to be a more binding constraint than foreign exchange constraint. We recommend that improving tax revenue collection can help provide the fiscal space required for ensuring long term stable economic growth
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