05- Academic Articles in Lahore School of Economics Journals: Recent submissions

  • 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 ...
  • Terms-of-Trade Volatility and Inflation in Pakistan 
    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 ...
  • The Efficiency of Foreign Exchange Markets in Pakistan 
    Rizwana Bashir; Rabia Shakir; Badar Ashfaq; Atif Hassan (© The Lahore School of Economics, 2014-06)
    This study investigates the empirical relationship between spot and forward exchange rate efficiency with reference to Pakistan and the efficiency of its foreign exchange market. We use monthly data from the State Bank of ...
  • Determinants of School Choice: Evidence from Rural Punjab, Pakistan 
    Hamna Ahmed; Sahar Amjad Sheikh (© Lahore School of Economics, 2014-06)
    The objective of this study is to understand why parents in rural areas of Punjab, Pakistan, choose to send their children to private schools when free public schools are available. The study utilizes the Privatization in ...
  • POVERTY REDUCTION STRATEGY IN PAKISTAN AN ASSESSMENT OF PRMP 2003-2008 
    MUNEER AHMAD (© Lahore School of Economics, 2014-05)
    The government of Punjab initiated many measures to reorient its administration in the late 1990s to improve service delivery to the poor. In late 2003 the government of Punjab sought ADB’s support for public resource ...
  • WHY DOES PAKISTAN REQUIRE A MORE CRITICAL APPROACH TO THE CLEAN DEVELOPMENT MECHANISM 
    ABID ALI; TARIQ ABDULLAH (© Lahore School of Economics, 2014-05)
    Clean Development is intended to tackle the dumping of greenhouse gases in the atmosphere that has accompanied fossil fuel driven development in both countries of the North and the South. Per capita GHG emissions are ...
  • EDUCATION REFORM IN PUNJAB A DECENTRALISED GOVERNANCE FRAMEWORK FOR GOVERNMENT SCHOOLS 
    MUHAMMAD AHSAN RANA (© Lahore School of Economics, 2014-05)
    Improving the quality of public sector education and increasing its coverage is a complex challenge in Pakistan mainly because of the very large number of schools, inherently diverse requirements of various levels and types ...

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