The Growth and Employment Impacts of the 2008 Global Financial Crisis on Pakistan
| dc.contributor.author | Mirajul Haq | |
| dc.contributor.author | Karim Khan | |
| dc.contributor.author | Ayesha Parveen | |
| dc.date.accessioned | 2015-03-16T06:03:25Z | |
| dc.date.available | 2015-03-16T06:03:25Z | |
| dc.date.issued | 2014-12 | |
| dc.description | PP.26; ill JEL classification: C51, C43, O4, O16. | en_US |
| dc.description.abstract | This study examines the impact of the 2008 global financial crisis on economic growth and employment in Pakistan. We conduct a time series analysis of quarterly data for 1997–2011, applying the autoregressive distributed lag bounds-testing approach and an unrestricted error correction model. Our analysis suggests that the impact of the crisis was transmitted primarily through two channels—the financial sector and trade—with a corresponding negative effect on economic growth and employment. Of the two channels, the magnitude of the trade effect is larger than that of the financial sector. | en_US |
| dc.identifier.citation | The Lahore Journal of Economics Volume 19, No.2 | en_US |
| dc.identifier.issn | 1811-5438 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/8365 | |
| dc.identifier.uri | http://www.lahoreschoolofeconomics.edu.pk/ | |
| dc.identifier.uri | http://hdl.handle.net/123456789/13726 | |
| dc.language.iso | en | en_US |
| dc.publisher | © Lahore School of Economics | en_US |
| dc.subject | Financial crisis | en_US |
| dc.subject | financial stress | en_US |
| dc.subject | economic growth | en_US |
| dc.subject | cointegration | en_US |
| dc.title | The Growth and Employment Impacts of the 2008 Global Financial Crisis on Pakistan | en_US |
| dc.type | Article | en_US |