Empirical Analysis of Export Performance and its impact on Economy of Pakistan: A Time Series Analysis (original) (raw)

This research investigates the Empirical Analysis of Export Performance and its impact on Economy of Pakistan: A Time Series Analysis It is taken as proxy for share of investment in GDP. It is taken as %age of GDP. Data on real exports is taken in current 2005 US$. The trend and descriptive statistics of defense expenditures in Pakistan from1990-2015. It was revealed that Pakistan growth rate was 6.3% per annum while other low income countries grew at an average annual rate of 4% in 1980s. The share of exports in GDP increased to 13% in 1990s. This increase was due to different policies taken by Pakistan such as establishment of two export processing zones, rebates on different items, excise and sales tax rebates, and tax relief for exporters etc in mid 1980s. In 1988 Government of Pakistan has also launched macroeconomic Adjustment program to improve trade policy, fiscal policy and deregulation process.