Canadian Social Science
Exploring the Linkages Among Economic Growth, Openness, Income Inequality, Education and Health in Pakistan
Abstract
The present study is an attempt to investigate empirical linkages among economic growth, openness, income inequality, education and health in Pakistan during 1974-2009 by using annual time series data. Phillips-Perron (PP) unit root test is utilized to check stationarity of the variables. Long-run relationship is confirmed through Johansen and Juselius cointegration test. VECM is proposed to check short-run and long-run dynamics. Toda-Yamamoto causality test is utilized for observing the causality. Diagnostic tests are utilized to confirm the validity of the model. The results support strong positive impact of openness of trade, education and health on economic growth in the long-run whereas income inequality is negatively associated with economic growth. The study finds significant five uni-directional causalities and two bi-directional causalities among variables. For achieving higher economic growth in Pakistan attention must be directed towards decisive economic policies related to liberalizing trade, provision of education and health facilities and to reduce income inequality.
JEL Classification: F43, F13, I19, I29
Key words: Economic Growth; Openness; Income Inequality; Education; Health
Keywords
DOI: http://dx.doi.org/10.3968/j.css.1923669720110706.094
Refbacks
- There are currently no refbacks.
Copyright (c)
Reminder
- How to do online submission to another Journal?
- If you have already registered in Journal A, then how can you submit another article to Journal B? It takes two steps to make it happen:
1. Register yourself in Journal B as an Author
- Find the journal you want to submit to in CATEGORIES, click on “VIEW JOURNAL”, “Online Submissions”, “GO TO LOGIN” and “Edit My Profile”. Check “Author” on the “Edit Profile” page, then “Save”.
2. Submission
Online Submission: http://cscanada.org/index.php/css/submission/wizard
- Go to “User Home”, and click on “Author” under the name of Journal B. You may start a New Submission by clicking on “CLICK HERE”.
- We only use four mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases: caooc@hotmail.com; office@cscanada.net; ccc@cscanada.net; ccc@cscanada.org
Articles published in Canadian Social Science are licensed under Creative Commons Attribution 4.0 (CC-BY).
Canadian Social Science Editorial Office
Address: 1020 Bouvier Street, Suite 400, Quebec City, Quebec, G2K 0K9, Canada.
Telephone: 1-514-558 6138
Website: Http://www.cscanada.net; Http://www.cscanada.org
E-mail:caooc@hotmail.com; office@cscanada.net
Copyright © Canadian Academy of Oriental and Occidental Culture 
