Книга: Mahjabeen Mushtaq Butt and Dr. Wasif Siddiqui «Trade Imbalances and Real Exchange Rate: A New Evidence from Pakistan»
|
Производитель: "LAP Lambert Academic Publishing" Pakistan trade suffers from persistent trade deficits. It had a favourable balance of trade only twice;once in 1950-51 because of the increase in prices of primary commodities like cotton and other raw materials as a result of the Korean War boom; the second time was after the devaluation of the rupee and the oil crisis in 1972-73. After that the trade deficits of Pakistan``s economy have been gradually and steadily increasing. So, can the depreciation of the Pak rupee improve this phenomenon? This present study implies the error correction model to estimate the short run equilibrium and heterogeneous panel cointegration method to examine the long run relationship between the real exchange rate and the bilateral trade balance of Pakistan and her selected 4 major trading partners (USA,UK,China and Germany) for the period 1980-2008. Using annual data, the empirical results indicate the devaluation of the Pakistan rupee deteriorates her bilateral trade balance with... ISBN:9783844308303 Издательство: "LAP Lambert Academic Publishing" (2011)
ISBN: 9783844308303 |
См. также в других словарях:
Foreign exchange market — Forex redirects here. For the football club, see FC Forex Braşov. Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange… … Wikipedia
ALIYAH AND ABSORPTION — GENERAL SURVEY Introduction Aliyah, ascension or going up, is the coming of Jews as individuals or in groups, from exile or diaspora to live in the Land of Israel. Those who go up for this purpose are known as olim – a term used in the Bible for… … Encyclopedia of Judaism
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Social Protection — ▪ 2006 Introduction With medical costs skyrocketing and government programs scaled back, citizens bore more responsibility for their health care costs; irregular migration, human trafficking, and migrant smuggling posed challenges for… … Universalium
China — This article is about the People s Republic of China. For the state commonly known as Taiwan, see the Republic of China. For other uses, see China (disambiguation). PRC redirects here. For other uses, see PRC (disambiguation). People … Wikipedia
Iraq — /i rak , i rahk /, n. a republic in SW Asia, N of Saudi Arabia and W of Iran, centering in the Tigris Euphrates basin of Mesopotamia. 22,219,289; 172,000 sq. mi. (445,480 sq. km). Cap.: Baghdad. Also, Irak. * * * Iraq Introduction Iraq Background … Universalium
