Explaining pakistan’s long-run growth: a keynesian model in seven essays
Auteur :
Mahmood, Moazam / Ikram, Rabia
Éditeur :
Springer International Publishing AG
ISBN :
9783031866760
Date de publication :
15 mai 2025
Dimensions :
21,0 x 14,8 cm
Langue :
Anglais
Pays d'origine :
Suisse
Applied to the hiatus in Pakistan’s GDP growth after 1992, this model shows that pre-1992, high GDP growth is explained by high investment growth, paired with a low marginal propensity to consume (MPC), while post-1992, lowered GDP growth is explained by lower investment growth paired with a higher MPC.