TITLE

Oil Price and Real GDP Growth in Pakistan

AUTHOR(S)
Sultan, Bushra; Waqas, Muhammad
PUB. DATE
April 2014
SOURCE
Middle East Journal of Scientific Research;2014, Vol. 21 Issue 4, p700
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The objective of this study is to analyze the relationship between oil price and real GDP growth of Pakistan from 1980-2012. All the variables are found to be stationary at first difference. Therefore Johnson Cointegration and error correction method is utilized to check long-run and short-run relationship among variables. There exists both long-run and short-run relationship. The results show the oil price influence agriculture GDP negatively in Pakistan.
ACCESSION #
96883129

 

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