An Investigation of the Effects of the Official Development Assistance on GDP Per Capita in Pakistan
The paper investigates the influence of official development support on Pakistan GDP per capita making use of time series yearly data from 1991 to 1917. ADF has been used for examining the level of integration of the data. After that, ARDL has been used for discovering the short and long-run relationship of the official development assistance and the GDP per capita. The results uncover that official assistance relationship with GDP per capita became negative in the short run in addition to a long-run period. In similar manner inflation also became negatively significant in the short and long run. Additionally, lag GDP per capita is positively significant. Population growth turned positively significant in the long run. In addition, it has become negatively significant in the short-run period of time. Furthermore, the Error Correction coefficient is –0. 83% and remained significant
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Official Development Assistance, GDP per capita, ARDL
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(1) Muhammad Tariq
Assistant Professor, Department of Economics, Abdul Wali Khan University Mardan, KP, Pakistan.
(2) Muhammad Jehangir
Assistant Professor, Institute of Business Studies and Leadership, Abdul Wali Khan University Mardan, KP, Pakistan
(3) Hussain Ali
Lecturer,Department of Sociology,Abdul Wali Khan University Mardan, KP, Pakistan.