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Effect of major macroeconomic Determinants on the progress of Pakistan

Journal of Business Management & Economics

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Title Effect of major macroeconomic Determinants on the progress of Pakistan
 
Creator Najaf, Rabia; Department of Accounting & Finance, University of Lahore, Islamabad Campus
Najaf, Khakan; Department of Accounting & Finance, University of Lahore, Islamabad Campus
 
Description After studying all of the papers, we have considered that stock market of all the countries known as the predictor of economy .Future economic activates can be changes with the change in the economic activities. From the last few decades, most of the observers criticized the stock exchange of Pakistan because it is not depend upon on the true fundamentals. From the last few decades, it is seen that stock market was decline on the different occasions. The vital role of our study is that to explore the impact of stock exchange on the economy of pakistan.We are also explaining those variables, which have influences on the stock exchange of Pakistan. The basic purpose of this study is to explain the stock exchange ability to predict about the economy position of Pakistan. We have taken the stock prices as the dependent variable and import and export goods and services as the independent variables. We used the regression analysis for testing the hypothesis. We have collected the data from 2006 -2010.There is a lot of stock exchange, which are working as the predictor of the Pakistan but our focus is Karachi stock exchange, which is known as the oldest and largest stock exchange of Pakistan. Our results suggested that there is no association between stock market and changes of the stock prices.
 
Publisher Journal of Business Management & Economics
 
Contributor
 
Date 2016-06-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://innovativejournal.in/jbme/index.php/jbme/article/view/202
10.15520/jbme.2016.vol4.iss6.202.pp32-36
 
Source Journal of Business Management & Economics; Vol 4, No 6 (2016); 32-36
2347-5471
10.15520/jbme.2016.vol4.iss6
 
Language eng
 
Relation http://innovativejournal.in/jbme/index.php/jbme/article/view/202/pdf_88
10.15520/jbme.2016.vol4.iss6.202.202