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Browsing by Subject "Terms of trade"

Browsing by Subject "Terms of trade"

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  • Tayyaba Idrees; Saira Tufail (© Lahore School of Economics, 2012-12)
    According to the Harberger-Laursen-Metzler (HLM) effect, an exogenous temporary increase in the terms of trade leads to an improvement in the current account balance. This paper uses a recursive vector autoregression to ...
  • Kiran Ijaz; Muhammad Zakaria; Bashir A. Fida (© Lahore School of Economics, 2014-06)
    This empirical study examines the effects of terms-of-trade (TOT) volatility on inflation in Pakistan, using annual data for the period 1972 to 2012. The results show that TOT volatility has a significant negative effect ...
  • Kiran Ijaz; Muhammad Zakaria; Bashir A; Fida (© The Lahore School of Economics, 2014-06)
    This empirical study examines the effects of terms-of-trade (TOT) volatility on inflation in Pakistan, using annual data for the period 1972 to 2012. The results show that TOT volatility has a significant negative effect ...