Impact of Oil Price and Exchange Rate on Economic Growth of Pakistan
Rafia,
Iqra Hayat,
Muhammad Nadir
Abstract:The primary goal of this study was to investigate how oil price and exchange rate effect the economic growth of Pakistan from 1992 to 2021. The rising oil prices are the major concern for all the developing economies and Pakistan is suffering from it. The unit root test, correlation test, bound test was used to examine the economic trend. The result from multiple linear regression model describe that there is short run and long run relationship between the variables. It indicates that there is a positive impac… Show more
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