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Economic Growth Essay

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Below is an essay on "Economic Growth" from Anti Essays, your source for research papers, essays, and term paper examples.

Research proposal
The impact of openness on economic growth:
A case study of Pakistan
The globalization consists of a set of policies which includes free financial liberalization, privatization, and foreign investment and reduced public expenditures. The share of import in GDP measures openness. The new growth theory describe that increasing openness has positive impact on economic growth.
In this study, we will see the impact of globalization and openness on economic growth by using the data of Pakistan and also the empirical evidence or validity of new growth theory.
We will employ the yearly data ranging from1973-2010 of Pakistan from international financial statistic and World Development indicators and economic survey of Pakistan.
We will measure openness by taking the share of import in GDP and globalization by import plus export as a share of GDP.
First of all we will test the unit root of following traditional and non traditional test.
  1. By plotting the series
  2. Augmented Dicky fuller test
  3. Philips person test
  4. KPSS test
  * If all the series are integrated at level(i-e I(o)) then we apply OLS
  * If all the series are integrated at first difference then we will apply co integration test.
  * If all the series are integrated at different levels then we will apply ARDL.

  * Bald (2003) Openness and growth: what is empirical relationship? NBER
  * Bedia Aka (2006) Openness, Globalization and Economic growth, International journals of applied Econometrics and quantitative studies.
  * Lacramioara dominate (2005), Determinanta and effects of economic openness, Analele Stintifice Ale University.
  * Musleh –ud Din , Ejaz (2003),Openness and Economic growth in Pakistan, The Pakistan development Review 42:4 Part II (winter 2003) pp.795-807.
  * Vanikotherlakota, Mary Sack (2002) Index of Openness: Measurement and Analysis, The Social Science Analysis,...

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MLA Citation

"Economic Growth". Anti Essays. 10 Dec. 2018


APA Citation

Economic Growth. Anti Essays. Retrieved December 10, 2018, from the World Wide Web: http://parimatch-stavka7.com/free-essays/Economic-Growth-393352.html

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