Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/187991 
Year of Publication: 
2009
Citation: 
[Journal:] Pakistan Journal of Commerce and Social Sciences (PJCSS) [ISSN:] 2309-8619 [Volume:] 3 [Publisher:] Johar Education Society, Pakistan (JESPK) [Place:] Lahore [Year:] 2009 [Pages:] 1-9
Publisher: 
Johar Education Society, Pakistan (JESPK), Lahore
Abstract: 
The study investigates the role of higher education in economic growth for Pakistan between 1972 and 2005 using the application of Johansen Cointegration and Toda & Yamamoto (1995) Causality approach in Vector Autoregressive (VAR) framework. It examines whether higher education affect long run economic growth in Pakistan. The empirical analysis reveals that there is a long run relationship between economic growth and higher education, which suggests that these variables are necessary for each other. The empirical results of causality test indicate that there exists a unidirectional causality running from economic growth to higher education and no other direction of causality found between these variables.
Subjects: 
Pakistan
Higher Education
Economic Growth
Cointegration and Causality
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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