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Effect of Macro-Economic Variables on Economic Growth of Pakistan

Authors: Shama Noreen; Azeem, Amara; Iqra Iftikhar; Shahbaz, Sadia;

Effect of Macro-Economic Variables on Economic Growth of Pakistan

Abstract

The purpose of this paper is to look at the effect of macroeconomic factors including inflation rate, interest rate, exchange rate, and export rate on economic growth of Pakistan. The optional information has been taken for the years from1968 to 2017.The result from linear regression model explain that inflation rate spread negative and insignificant impact on Pakistan economic growth while both interest rate and exchange rate spread negative and significant impact on Pakistan economic growth and export spread positive and significant impact on Pakistan economy.Therefore,all factors having less effect on monetary development of nation as contrast with different elements which put a genuine effect on Pakistan economy condition.

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Keywords

Economic growth; inflation; interest rate; exports; exchange rate; Pakistan

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This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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