An Empirical "Dependent Economy" Model for Pakistan.

While the 'dependent economy' approach has been used extensively in theoretical work on developing countries, there is very little empirical analysis of it available in the literature. This paper specifies a dependent economy model which incorporates several developing-country features, in...

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書目詳細資料
企業作者: International Monetary Fund
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 1991.
叢編:IMF Working Papers; Working Paper ; No. 1991/102
在線閱讀:Full text available on IMF
實物特徵
總結:While the 'dependent economy' approach has been used extensively in theoretical work on developing countries, there is very little empirical analysis of it available in the literature. This paper specifies a dependent economy model which incorporates several developing-country features, including an explicit role for public investment and legal interest rate ceilings. The model is estimated for Pakistan and is used to analyze the country's recent high growth-low inflation experience. In particular, the contribution that external inflows, in the form of workers' remittances and concessional lending, may have made in generating this outcome is assessed.
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實物描述:1 online resource (32 pages)
格式:Mode of access: Internet
ISSN:1018-5941
訪問:Electronic access restricted to authorized BRAC University faculty, staff and students