Impact of economic growth and financial development on exports: Cointegration and causality analysis in Pakistan

The analysis shows cointegration between exports, economic growth and financial development in case of Pakistan. The results that economic growth and financial development stimulate rate of exports growth in Pakistan. The causality analysis reveals bidirectional causal relationship between financial development and economic growth, financial development and exports and exports and economic growth in case of Pakistan.Economic growth, financial development, Cointegration, Pakistan

Studies of some optically active thio-derivatives of lactic acid and related compounds

Imperial Users onl

Study of small particles in the neighbourhood of the melting point

Imperial Users onl

The dynamic of financial development, imports, foreign direct investment and economic growth: cointegration and causality analysis in Pakistan

The paper investigates the effect of financial development, imports and foreign direct investment (FDI) on output in case of Pakistan over the period of 1990-2008 using quarterly data set. ARDL bounds testing approach is applied to examine the long run relationship and the direction of causality is investigated by using VECM framework. Our findings confirm the existence of cointegration, showing long run relation between financial development, imports, FDI and real GDP. Financial development, imports and FDI have positive and significant effect on the output of the country. Causality analysis reveals bidirectional relation among the variables but strong causality is also running from financial development, economic growth and FDI to real imports.Financial Development, Imports, FDI, Economic Growth

Do Imports and Foreign Capital Inflows Lead Economic Growth? Cointegration and Causality Analysis in Pakistan

The paper investigates the effects of imports and foreign capital inflows on economic growth in case of Pakistan over the period of 1990Q1-2008Q4. We have applied ARDL bounds testing approach to examine the long run relationship and investigated the direction of causality by using VECM multivariate framework. Our analysis confirms the long run relationship between imports, foreign capital inflows and economic growth. The results show that imports and foreign capital inflows have positive and significant effect on the economic growth of Pakistan. Causality analysis reveals bidirectional causal association among the variables, but strong causality is found from imports and foreign capital inflows to real GDP.Imports, FDI, Growth, Pakistan

Distributed Beamforming with Wirelessly Powered Relay Nodes

This paper studies a system where a set of $N$ relay nodes harvest energy from the signal received from a source to later utilize it when forwarding the source's data to a destination node via distributed beamforming. To this end, we derive (approximate) analytical expressions for the mean SNR at destination node when relays employ: i) time-switching based energy harvesting policy, ii) power-splitting based energy harvesting policy. The obtained results facilitate the study of the interplay between the energy harvesting parameters and the synchronization error, and their combined impact on mean SNR. Simulation results indicate that i) the derived approximate expressions are very accurate even for small $N$ (e.g., $N=15$), ii) time-switching policy by the relays outperforms power-splitting policy by at least $3$ dB.Comment: 4 pages, 3 figures, accepted for presentation at IEEE VTC 2017 Spring conferenc

Prospects of economic cooperation in the Bangladesh, China, India and Myanmar region: A quantitative assessment

This paper quantifies the economic impact of Bangladesh, China, India and Myanmar (BCIM) economic cooperation and compares it with the alternative option of expanding South Asian Free Trade Area (SAFTA) with China and Myanmar. The paper examines the macro-economic performance of the individual countries and the current level of trade among the BCIM member countries at the regional level.BCIM, SAFTA, Economic Impact