Department of Economics

Permanent URI for this communityhttps://repository.cuilahore.edu.pk/handle/123456789/17

Browse

Subject: search.filters.subject.Business and economics

Search Results

Now showing 1 - 2 of 2
  • No Thumbnail Available
    Item
    The Impact of Environmental Performance and Institutional Quality on Comparative Advantage of Coal Producing Countries
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2023) Mirza Khawar Baig; SP21-REC-001; LHR TP 8479; Dr. Rao Muhammad Atif
    The significant role of CO2 emissions in global warming and the substantial contribution of coal as a major source of CO2 in the atmosphere necessitate a closer examination of environmental policies aimed at reducing coal consumption. Existing literature predominantly focuses on conventional factors such as price, production, demand, and reserves when explaining coal trade, but fails to consider non-conventional factors such as a country's environmental policies and quality of governance. This study aims to fill this research gap by investigating the impact of environmental policies and institutional quality on coal trade. To achieve the objective of study yearly data spanning from 2000 to 2018 for 29 coal producing countries was collected and analyzed. Year 2000 is the time when coal consumption started rising and continued till 2018. The findings of this research indicate that environmental performance and institutional quality, in addition to conventional factors, significantly impact the comparative advantage of coal-producing countries. Notably, improved environmental performance negatively affects a country's comparative advantage, while better institutional quality has a positive influence. Furthermore, while coal reserves positively impact comparative advantage, domestic demand has a negative effect. The findings of study pronounce that countries must deploy stringent environmental policies to make coal less competitive and encourage nations to shift to other renewable energy resources which will help in reducing CO2 emission in the atmosphere.
  • No Thumbnail Available
    Item
    The impact of urbanization, infrastructure development and FDI on Pakistan’s economic growth
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2023) Samar Shahid; SP20-BEC-001; Dr. Maaida Hussain Hashmi
    The aim of this paper is to examine the impact of the strategic pillars of growth in Pakistan, which include foreign direct investment inflows, urbanization rate, youth dependency ratio, and investment in electricity. We used a bound test and error correction model of auto-regressive distributed lag (ARDL) over the period of 1999 to 2022. The findings state that these variables are negatively correlated with GDP growth rate, which means they have a significant but declining effect on the long-run economic growth of Pakistan. Based on the findings and policy recommendations, the nation can excel with the right planning on urbanization, youth development initiatives and proper foreign investments in local resources, uplifting employment, and industrial growth. It is recommended to the policymakers to analyze how and what policies to be implemented on these factors.