The Effect of Trade Liberalization on Tax Structure of Pakistan

Ahmad, Khalil; Chaudhary, Amatul R.

doi:10.21621/sajms.2016102.04

Cited by 3 publications

(3 citation statements)

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“…Thus, theoretical and empirical literature suggests a strong association between public policies, inflation, and unemployment. Following the existing studies (Phelps, 1969;Metin, 1998;Ali, 2015;Van Bon, 2015;Canale and Liotti, 2015;Ali and Rehman, 2015;Ali et al, 2016;Arshad and Ali, 2016;Okunevičiūtė-Neverauskienė et al, 2017;Lucifora and Moriconi, 2017;Ali and Naeem, 2017;Smith and Larimer, 2018;Obioha, 2018;Ali and Audi, 2018;Wang et al, 2018;Junankar, 2019;Roussel et al, 2021;Abbas et al, 2021;Ahmad et al, 2022), the model of our study becomes as: It is necessary to extract the econometrical model from its functional form to get empirical analysis and make a forecast:…”

Section: Theoretical Linksmentioning

confidence: 99%

Public Policy and Economic Misery Nexus: A Comparative Analysis of Developed and Developing World

Audi

Ali

2023

IJEFI

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Minimizing the level of economic misery is one of the prime objectives of all economies for the last couple of decades. It is not individuals who can themselves control it, some public policy options provide roots to minimize economic misery. This article has examined the role of public policy in determining the level of economic misery among developed and developing countries from 1987 to 2019. The empirical findings of the article show level of domestic investment, foreign debt, and government revenue are discouraging economic misery among developing countries. Whereas economic development and the level of the population are encouraging economic misery among developing countries. The level of domestic investment is promoting economic misery in developed countries, but government revenue and economic development are reducing economic misery among developed countries. In the case of the whole sample analysis, the level of domestic investment and government revenues decreases the level of economic misery, but the level of population, foreign debt, and economic development depresses the economic misery. Thus, it is concluded that public policy plays important role in determining economic misery both in developed and developing countries. Developing countries should raise the level of domestic investment and government revenue to depress economic misery. Developed countries should raise government revenue and economic development to depress economic misery. So, for the reduction of economic misery in developed and developing countries, public policy must be strengthened.

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Section: Theoretical Linksmentioning

confidence: 99%

Public Policy and Economic Misery Nexus: A Comparative Analysis of Developed and Developing World

Audi

Ali

2023

IJEFI

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“…Macroeconomic conditions have a direct and indirect impact on the socioeconomic development of the country (Ali and Naeem, 2017;Ali, 2011;Ali, 2015;Ali, 2018;Ali and Bibi, 2017;Ali and Ahmad, 2014;Ali and Audi, 2016;Ali and Audi, 2018;Ali and Rehman, 2015;Ali and Senturk, 2019;Ali and Zulfiqar, 2018;Arshad and Ali, 2016;Ashraf and Ali, 2018;Audi et al, 2022;Audi and Ali, 2016;Haider and Ali, 2015;Kaseem et al, 2019;Roussel et al, 2021;Sajid and Ali, 2018;Senturk and Ali, 2021;Ahmad et al, 2022;Sulehri and Ali, 2020;Audi et al, 2020;Alim et al, 2022). Macroeconomic indicators, such as GDP, money supply, interest rate, inflation rate, and exchange rate, are considered the fundamentals that drive market movements, and each of these variables is perceived to be unbiased (Francis and Soffer, 1997).…”

Section: The Modelmentioning

confidence: 99%

An Event Based Analysis of Stock Return and Political Uncertainty in Pakistan: Revisited

Audi

Sulehri

Ali

et al. 2022

IJEFI

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This study provides an exploration of the impact of political events on the Pakistan Stock Market using a larger data set. The stock market of Pakistan which is considered the top-performing market in the region has suffered as well as foreign investors are reluctant to invest in Pakistan stock markets due to uncertainty caused by political instability. Pakistan is struggling against many problems; political instability is a significant problem due to which the economic growth of the country is being hindered and the confidence of the investors has been shaken. A total of 66 political events were considered in the study out of which 33 events were coded as positive and the other 33 were deemed negative. The first-day abnormal return, five-day cumulative abnormal return, and ten-day cumulative return were calculated for all of the events. The political events were analyzed by segregating these into Pre-Musharraf, Musharraf, and Post-Musharraf eras and also on the bases of their category. This study finds evidence that political events affect the Pakistan Stock Exchange, but their impact is different considering the economic and political implications of these events. Certain events had a stronger impact on the stock market like the takeover of Musharraf, suspension of the chief justice, and assassination of Benazir Bhutto. Political events provided more consistent results where elections yield positive stock returns and selection of prime minster yields negative stock returns after elections. Overall, this study lays the foundation to make further explorations into the phenomenon of uncertainty caused by political events in relevance to stock markets in Pakistan.

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“…The size of oil costs increment relies upon the 1) portion of expense of oil in overall GDP) utilization of oil locally and dependence on alternative sources of fuel. The time of modest availability of a wide range of fuel has gone due to quick expansion in population, which at last increment the interest for energy locally and publically and generally around the world (Ahmad et al, 2022;. Oil price in the energy sector is a key factor for the growth of any country.…”

Section: Introductionmentioning

confidence: 99%

Impact of Oil Price and Exchange Rate on Economic Growth of Pakistan

Rafia,

Hayat,

Nadir

2023

BBE

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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 impact of oil price on economic growth. The countries like Pakistan who are oil importers should purchase crude oil on less prices.

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The Effect of Trade Liberalization on Tax Structure of Pakistan

Cited by 3 publications

References 0 publications

Public Policy and Economic Misery Nexus: A Comparative Analysis of Developed and Developing World

Public Policy and Economic Misery Nexus: A Comparative Analysis of Developed and Developing World

An Event Based Analysis of Stock Return and Political Uncertainty in Pakistan: Revisited

Impact of Oil Price and Exchange Rate on Economic Growth of Pakistan

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