Impact of external shocks : analyzing economic impact on economy
Joint Authors
Source
al-Dar Research Journal for Sustainability
Issue
Vol. 1, Issue 2 (31 May. 2017), pp.1-15, 15 p.
Publisher
Publication Date
2017-05-31
Country of Publication
United Arab Emirates
No. of Pages
15
Main Subjects
Topics
- Economic conditions
- Economic analysis
- Socio-economic indicators
- Remittances
- Economic equilibrium
- Gross national product
- Commerce
- Exchange rates
- Pakistan
- Economic crises
- Consumer price indexes
Abstract EN
The purpose of the research is to know the impact of external shocks on the developing economy of Pakistan.
Regression Analysis has been applied through Statistical tool e.g.
E-Views.
Data has been collected from State Bank of Pakistan and Pakistan Bureau of Statistics.
Authors identified that Consumer Price Index and Terms of Trade have impact on the economy of Pakistan.
Their significance has amplified with the increase in time.
To the Economy of Pakistan, the primary external shock is Terms of Trade.
It shows a negative relationship with the GDP.
Foreign GDP has very limited impact.
Keeping other external shocks constant, Consumer Price Index also shows vulnerability with GDP and has positive relationship.
There is absence of shock ability to GDP in Real Effective Exchange Rate, Foreign GDP and Foreign Remittances.
However, results concluded that Terms of Trade and Consumer Price Index can destabilize the economy of Pakistan.
American Psychological Association (APA)
Ansari, Babar& Gul, Kanwal. 2017. Impact of external shocks : analyzing economic impact on economy. al-Dar Research Journal for Sustainability،Vol. 1, no. 2, pp.1-15.
https://search.emarefa.net/detail/BIM-760177
Modern Language Association (MLA)
Ansari, Babar& Gul, Kanwal. Impact of external shocks : analyzing economic impact on economy. al-Dar Research Journal for Sustainability Vol. 1, no. 2 (May. 2017), pp.1-15.
https://search.emarefa.net/detail/BIM-760177
American Medical Association (AMA)
Ansari, Babar& Gul, Kanwal. Impact of external shocks : analyzing economic impact on economy. al-Dar Research Journal for Sustainability. 2017. Vol. 1, no. 2, pp.1-15.
https://search.emarefa.net/detail/BIM-760177
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 15
Record ID
BIM-760177