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Effect of Macroeconomic Variables on the Economic Growth of Pakistan

Journal: International Journal of Advance Study and Research Work (Vol.1, No. 6)

Publication Date:

Authors : ; ;

Page : 01-07

Keywords : Economic growth; inflation; interest rate; exports; exchange rate; Pakistan;

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Abstract

The point of this paper is to look at the effect of macroeconomic factors includes inflation rate, interest rate, exchange rate, and export rate on economic growth of Pakistan. The optional information has been taken for the years from 1968 to 2017. The result from linear regression model explains that inflation rate spread negative and insignificant impact on Pakistan economic growth while both interest rate and exchange rate spread negative and significant impact on Pakistan economic growth and export spread positive and significant impact on Pakistan economy. Therefore, all factors having less effect on the monetary development of the nation as a contrast with different elements which put a genuine effect on Pakistan economy condition.

Last modified: 2018-10-02 02:34:50