Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/188076 
Year of Publication: 
2013
Citation: 
[Journal:] Pakistan Journal of Commerce and Social Sciences (PJCSS) [ISSN:] 2309-8619 [Volume:] 7 [Issue:] 1 [Publisher:] Johar Education Society, Pakistan (JESPK) [Place:] Lahore [Year:] 2013 [Pages:] 91-99
Publisher: 
Johar Education Society, Pakistan (JESPK), Lahore
Abstract: 
The primary reason of this study is to test real interest rate and its impact on investment to the extent of Pakistan span from 1964 to 2012. To test the long-term nexus among level of income, interest rate and investment mainly Johansen Cointegration test is employed. The hypothesis of this study is that investment has an inverse association with real interest rate in Pakistan. If relationship exists then policy maker can make better policy for Pakistan. The outcomes confirm economic theory and a number of other studies that investment has significantly inverse association with real interest rate in Pakistan.
Subjects: 
Gross fixed capital formation
real GDP
real interest rate
investment
economic growth market returns
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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