literature review on inflation in pakistan

The subsequent sections of the paper are structured as follows: the second part encompasses a literature review, section 3 details the data and methodology, section four provides an explanation of the results, and the final section endeavors to outline policy options to address the issue of inflation in Pakistan.

As per. our results, a ten percentage point increase in output level reduces inflation by 5.7%. Similarly, a ten percentage point increase in the. prices of imports increases domestic price by 3%. Since Pakistan's. economy depends upon imports like oil, food products and industrial inputs.

The Pakistan Development Review Vol. XXVII, No. 2 (Summer, 1988) Inflation in Pakistan: Empirical Evidence on the Monetarist and Structuralist Hypotheses. Faiz Bilquees*. In the light of the debate between the monetarists and the structuralists regard- ing the explanation of inflation in the LDCs this paper tests the monetarist and struc ...

In order to keep inflation under control, authorities in the macroeconomic work toward a goal of strong and sustainable economic growth (Ahmad et al., 2022;Fatima, 2023).

Pakistan Social Sciences Review (PSSR) June, 2020 Volume 4, Issue 2 309 Literature Review Phillips speculation was upheld by Robert Solow and Paul Samuelson is most important analyst. In 1970 Samuelson and Solow observed the connection among unemployment rate and inflation in America. Correlations of backwardness

The main concern of macroeconomic policies is optimum and stable economic growth along with low inflation. Current CPI inflation in Pakistan is recorded at 11.0 percent on a year-on-year basis in ...

With monetary growth picking up, inflation followed. and increased sharply in late 2003, peaking at 11 percent year- on-year in April 2005. Average annual. inflation stabilised around 8 to 9 ...

The major reason of this high inflation was the food which was caused by world food shortages especially wheat and oil prices. In 2011-12 the inflation is still in double digit, which is far-reaching to the recommended and suggested rate of inflation (3% to 6%) for Pakistan's economy. 5.2Conclusion.

The primary goal of this analysis was to determine the impact of inflation, poverty, unemployment, and population growth on economic growth in Pakistan using time series data from 1986 to 2020. The stationarity for the variables was tested through unit root testing, while the asymmetric (NARDL) technique was applied to expose the association amid the variables via short-run and long-run ...

256 Pakistan Economic and Social Review III. LITERATURE REVIEW The idea that persistent changes in price level are associated with change in money supply growth is one of the oldest and most established propositions in economics. The relationship between money growth and inflation rate is,

Using a combination of quantitative data analysis, literature review, and policy evaluation, this paper provides valuable insights into the factors contributing to inflation in Pakistan and offers policy recommendations to address this complex issue.

the impact of monetary policy on inflation rate in different time horizons for Pakistan. After the introduction in the first section, Section II provides a profile about the money supply and inflation trends in Pakistan. Section III consists of a brief review of the existing literature. Methodological issues

Inflation in Pakistan 187 II. BASIC ELEMENTS OF THE MODEL Several studies highlight the role of monetary factors for inflation in Pakistan.3 For example, Khan and Qasim (1996) find that overall inflation is only determined by money supply, import prices, and real GDP. The empirical evidence is inconclusive regarding the role of the exchange rate.

PAKISTAN BUSINESS REVIEW 59 The parameter in the above equation is the measure of infl ation persistence. Model like described above is frequently used in current literature for approximating persistence in a series as infl ation in current context.5 According to the specifi ed model infl ation persistence is the pace with

There is no controversy in literature upon association of inflation and economic growth but ... level of inflation rate for Pakistan economy. ... The Pakistan Development Review, Vol. 35, No. 4 ...

Table 2 reports summary statistics for the variables: average inflation during 1951-2017 has been 7.2 percent, while the average real GDP growth is 4.9 percent. Pakistan has experienced highest inflation of 30 percent in 1974, followed by 26.8 percent in 1975 and 17.0 percent in 2009.

potential determinants of inflation. Appreciable literature is available on the discussed theme at international level, but studies lack focus on this topic in case of Pakistan. The remaining sections are organized in following manner: A synoptic review of literature is presented in section II. Section III is

The paper first presents review of literature and discuss different theories of inflation, then present theoretical model and econometrics methodology and empirical evidence and finally ... Abdullah and Khalim (2009) examined the main determinants of food inflation in Pakistan. They used time series data for the period of 1972 to 2008. They ...

Review of Applied Management and Social Sciences (RAMSS) Vol. 4, (2) 2021, 321-333 ... in the price of goods in the country which creates inflation also. 2. Literature Review Khalid (2005) estimated the relationship between Economic Growth, Inflation rate, and ... the roots of inflation in Pakistan. This study used time series data which ...

Product Growth and inflation in Pakistan by using time series data from 1990 to 2015. ... While the third strand of the literature found a positive relationship between inflation and economic growth. In this paper, we will examine inflation and its effect on economic growth in Pakistan. Literature review Majumder [4] conducted a research the ...

Pakistan's monetary policy has become a significant instrument. In the 1990s, Pakistan adopted a liberal and market-oriented monetary policy by changing the discount rate and cash reserve

control inflation in the country and can minimize the variance. The rest of the paper is organized as follows: Section 2 gives detailed literature existent on monetary policy and VAR for United States in general and Pakistan in particular. Section 3 outlines the data sources and the methodology used to establish causal links between the variables.

inflation in Pakistan. Literature review The aim of economic policies is to promote public welfare and monetary policy helps to fulfill this objective by controlling inflation Akhtar (2008). Inflation is the most important aspect of Pakistan economy and calls for urgent. Different authors gave different views regarding this important issue.

This study analyses the impact of GDP per capita, domestic credit, savings, and population on the environment in Pakistan from 1995 to 2019. The country has consistently been ranked eighth, fifth, and eight as an environmentally vulnerable nation from 1998 to 2017, 1999 to 2018, and 2000 to 2019, respectively. Therefore, the study explores the role of environmental awareness as a potential ...