Impact of Devaluation on Trade Balance in Pakistan
The purpose of this paper is to find the impact of devaluation on trade balance in Pakistan in both long and short run using bound testing approach to Cointegration and Error Correction Mechanism (ECM). The result shows that devaluation is effective in improving trade balance and there is a cointegr...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Saphira Publishing
2011-07-01
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| Series: | Oeconomics of Knowledge |
| Subjects: | |
| Online Access: | https://sites.google.com/site/oeconomicsofknowledge/v3_i3_3q_2011_ar.pdf |