*Assistant Professor and Head of Research & Publications, Faculty of Business Administration & Commerce, Indus University, Karachi, Pakistan
**Masters Student, Faculty of Business Administration & Commerce, Karachi, Pakistan
***Research Assistant, Faculty of Business Administration & Commerce, Karachi, Pakistan
1E-mail for correspondence: nawazahmad_pk@hotmail.com
JEL Classification: C12, C22, F43, O11
This study is an attempt to explore the impact of Industrial growth, Agricultural growth and Population growth on GDP growth for Pakistan. For this purpose, a sample of 28 annual observations for the period from 1984 to 2011 is incorporated. This study uses Augmented Dickey Fuller (1981) Test to check the presence of unit roots and in order to find out the relationship between Industrial growth, Agricultural growth, population growth and GDP growth, OLS model is applied. Only Population growth is integrated of order 1 whereas rest of the variables are integrated of order zero.
This study concludes that population growth has no impact over GDP growth as it is found insignificant whereas Industrial growth and Agricultural growth have a significant positive impact on GDP growth. They translate, on average, 0.34 and 0.29 percent change respectively in GDPgrowth against 1%change observed by them. This relation issignificant at 99% confidence interval.
Agricultural growth, GDP, Industrial growth, Population growth
