Sectoral Investment and Employment Generation in Pakistan: An Econometric Analysis

Authors

  • Furrukh Bashir Assistant Professor, School of Economics Bahauddin Zakariya University Multan, Pakistan
  • Hafeez ur Rehman Chairman, Department of Economics, University of Management and Technology, Lahore, Pakistan.
  • Rashid Ahmad Assistant Professor, School of Economics Bahauddin Zakariya University Multan, Pakistan
  • 4Ismat Nasim Lecturer, Department of Economics, Government Sadiq College Women University, Bahawalpur, Pakistan

DOI:

https://doi.org/10.26710/reads.v4i2.410

Keywords:

Agricultural Investment, Industrial Investment, Services Sector Investment, Employed Labor Force, Trade Openness, Inflation, Tax Revenue

Abstract

This study is projected at investigating the influence of Sectoral Investment on Employment Generation. For this purpose, time series data is collected from Pakistan over the period from 1972 to 2017. Augmented Dickey fuller test reveals that few variables considered in the study are stationary at level and few at first difference. So, econometric results are estimated using autoregressive and distributed lag model for long run elasticities. Long run co-integrating relationship is established at 2.5 percent level using ARDL bound testing approach. ARDL long run results concludes that Agricultural Investment, Industrial Investment, Services Sector Investment and Trade openness are increasing employment while inflation and tax revenue are seemed to

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Published

2020-07-25

How to Cite

Furrukh Bashir, Hafeez ur Rehman, Rashid Ahmad, & 4Ismat Nasim. (2020). Sectoral Investment and Employment Generation in Pakistan: An Econometric Analysis. Review of Economics and Development Studies, 4(2), 261-270. https://doi.org/10.26710/reads.v4i2.410

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