Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/147224 
Year of Publication: 
2016
Citation: 
[Journal:] Journal of Economic Structures [ISSN:] 2193-2409 [Volume:] 5 [Issue:] 6 [Publisher:] Springer [Place:] Heidelberg [Year:] 2016 [Pages:] 1-14
Publisher: 
Springer, Heidelberg
Abstract: 
This article empirically tests the hypothesis of Pugno (Struct Change Econ Dyn 17:99-115, 2006) that both business- and household-related services contribute in the economic growth of the country in the case of Pakistan over the period of 1960-2014. To accomplish the task, the study uses Johansen-Juselius cointegration test and autoregressive distributed lag bounds test to test the long-run relationship between the services sector and the economic growth of Pakistan. The tests reveal that the services sector has a long-run relationship with the economic growth of Pakistan. Furthermore, the estimation of cointegrating vector shows that the services sector positively contributes in the economic growth of Pakistan.
Subjects: 
Services sector
Economic growth
Pakistan
ARDL
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article

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