The Mediating Role of Inflation in the Relationship between Currency Depreciation and Economic Growth

Autor:	Naveed Ali, Izhar Ul Hassan, Abdul Wahab
Rok vydání:	2022
Předmět:	Ocean Engineering Safety Risk Reliability and Quality
Zdroj:	Global Social Sciences Review. :417-427
ISSN:	2616-793X 2520-0348
DOI:	10.31703/gssr.2022(vii-i).38
Popis:	This study investigates the role of inflation as a mediator between currency depreciation and economic growth in Pakistan from 1972 to 2016. Using the Ng-Parron unit root test, the stationarity of the variables is determined. The outcomes of Ng-Parron unit root tests indicate that all variables in the model exhibit mix-order integration. This paper also employs the Autoregressive Distributive Lag Model (ARDL) to evaluate the relationship between currency depreciation, inflation, and economic expansion. The results show very clearly that the inflation rate does not play a role in the link between currency depreciation and economic growth in the case of Pakistan.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::85fb82dfcd39a649af522fc443f08b3b https://doi.org/10.31703/gssr.2022(vii-i).38 Zobrazit plný text záznamu