Academic Articles in Lahore School of Economics Journals: Recent submissions

  • Pakistan’s Dependency on Imports and Regional Integration 
    Nasir Iqbal; Ejaz Ghani; Musleh ud Din (© The Lahore School of Economics, 2014-09)
    With growing global and regional economic integration, Pakistan, too, is actively seeking to enhance regional economic cooperation; it has entered into various regional and bilateral trade agreements that encompass trade ...
  • Reviewing Pakistan’s Import Demand Function 
    Zunia Saif Tirmazee; Resham Naveed (© The Lahore School of Economics, 2014-09)
    This paper investigates the conventional import demand function for Pakistan using time-series data sourced from the World Development Indicators for the period 1970 to 2010. Using a vector error correction model and ...
  • Analyzing Pakistan’s Trade Opportunity with Turkey 
    Asha Gul (© The Lahore School of Economics, 2014-09)
    Growing economic cooperation between the Pakistani and Turkish governments—manifested in the recently proposed preferential trade agreement (PTA)—has served to strengthen the historically good relations between both ...
  • Should Pakistan Liberalize Trade With India Against the Backdrop of the FTA with China? 
    Naheed Memon; Faiza Rehman; Fazal Rabbi (© The Lahore School of Economics, 2014-09)
    Pakistan and India have not yet normalized trade relations and gained the full benefits of bilateral trade despite significant developments to this end since 2011. Pakistan has yet to reciprocate the most-favored-nation ...
  • Patterns of Export Diversification 
    Hamna Ahmed; Naved Hamid (© The Lahore School of Economics, 2014-09)
    This paper examines historical trends in the diversification of exports in Pakistan, using the Hirschman index to quantify the degree of export diversification. We analyze the structure of exports through the lens of ...
  • The Textiles and Garments Sector 
    Naved Hamid; Ijaz Nabi; Rafia Zafar (© The Lahore School of Economics, 2014-09)
    The textiles and garments (T&G) sector accounts for almost 50% of Pakistan’s exports and is the largest component of manufacturing. T&G sector, because of recent favorable developments for the industry in Pakistan and the ...
  • Foreign Direct Investment and Technological Capabilities 
    Khalil Hamdani (© The Lahore School of Economics, 2014-09)
    This paper makes the case for a vigorous policy thrust to support investment-led growth. Pakistan’s economy has not maintained a sufficient level of capital formation to sustain growth over the long term. Two thirds of ...
  • Compliance with Global Quality Requirements in Pakistan’s Export Sector 
    Salman Ehsan; Ayesha Khanum (© The Lahore School of Economics, 2014-09)
    This paper describes the level of compliance with quality standards in relation to Pakistan’s top export product categories. With greater competition, innovations in technology, and stricter measures of quality being ...
  • Exporters in Pakistan and Firms Who Do Not Export 
    Theresa Chaudhry; Muhammad Haseeb (© The Lahore School of Economics, 2014-09)
    A variety of stylized facts about exporters have emerged in the new literature on international trade based on firm-level data. These include low levels of export participation among firms; small shares of export sales in ...
  • The Need for a Coordinated Industrial Strategy to Boost Pakistani Exports 
    Azam Chaudhry; Gul Andaman (© The Lahore School of Economics, 2014-09)
    This paper focuses on a group of Asian countries that have successfully increased exports and found a common industrial strategy. Several key factors emerge from this study. First, countries that have managed to increase ...
  • Barriers to the Growth of Small Firms in Pakistan 
    Nazish Afraz; Syed Turab Hussain; Usman Khan (© The Lahore School of Economics, 2014-09)
    This article identifies constraints and barriers to growth for small firms in Pakistan, a survey of the existing literature and through in-depth interviews with a sub-sample of firms in two important SME sectors, that is ...
  • The Political Economy of Industrial Policy 
    Matthew McCartney (© The Lahore School of Economics, 2014-09)
    The textiles industry in Pakistan has failed to fulfill its “historical mission,” whether judged in terms of promoting rapid and sustained economic growth, reducing poverty, or providing employment to young women and so ...
  • Pakistan’s Growth Spurts and Reversals 
    Rashid Amjad (© The Lahore School of Economics, 2014-09)
    This paper takes a historical perspective to search for the major causes of Pakistan’s stop-go growth cycles and come to the conclusion that, to varying degrees, the foreign exchange constraint provides a major explanation ...
  • Toward a Competitive Pakistan 
    Irfan ul Haque (© The Lahore School of Economics, 2014-09)
    This paper’s basic premise is that an improvement in Pakistan’s export performance is crucial to raising economic growth. After examining the reasons generally given for Pakistan’s poor export performance, we conclude that ...
  • What Does the Exchange Rate Do? 
    Sikander Rahim (© The Lahore School of Economics, 2014-09)
    This paper aims to assess the harmful impacts of exchange rate depreciations on Pakistan’s economy, including impacts on international capital movements, wages, the domestic price level, and development. Devaluation of a ...
  • From Fear of Floating to Benign Neglect 
    Syed Kumail Abbas Rizvi; Bushra Naqvi; Nawazish Mirza (© The Lahore School of Economics, 2014-09)
    One of the most pressing issues concerning policymakers today is the choice of an exchange rate regime. Despite the intricacies of this problem, monetary authorities could narrow down their list of options if they were to ...
  • Pakistan’s Parallel Foreign Exchange Market 
    Asma Khalid* (© The Lahore School of Economics, 2014-09)
    This paper seeks to describe and analyze the parallel foreign exchange (FX) market in Pakistan. The very nature of this market implies that there is little formal documentation or data to describe it, and so any assessment ...
  • The Effect of Trade Liberalization on Firm Entry and Exit in Punjab, Pakistan 
    Marjan Nasir (2014-06)
    This study focuses on the impact of trade liberalization on firm entry and exit in Punjab’s export manufacturing sector over the decade 2001–10. As far as the province’s export industries are concerned, real exchange rate ...
  • The Impact of Exchange Rate Volatility on Trade 
    Abdul Jalil Khan; Parvez Azim; Shabib Haider Syed (© The Lahore School of Economics, 2014-06)
    This study investigates the impact of domestic and foreign currency-valued exchange rate volatility on the export and import demand functions with reference to Pakistan’s trading partners. We use GARCH-based exchange rate ...
  • Can Analysts Really Forecast? Evidence from the Karachi Stock Exchange 
    Haris Bin Jamil; Aisha Ghazi Aurakzai; Muhammad Subayyal (© The Lahore School of Economics, 2014-06)
    This study examines the impact of analysts’ recommendations on stock prices listed on the Karachi Stock Exchange for the period 2006–12. The recommendations are extracted from the daily Morning Shout report published by ...

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