Economics, Econometrics and Finance
4 years ago

Pakistan's Declining Productivity Threatens Economic Growth, Stability, and Prosperity.

2 views
The Pakistan Development Review
Total Factor Productivity and Economic Growth in Pakistan: A Five-Decade Overview
Omer Siddique

Paper Summary

The article looks at Pakistan's productivity and economic growth from 1972 to 2021. It finds that both have decreased over time. When productivity goes up, so does economic growth. Deregulating and stabilizing the economy can lead to higher productivity and GDP growth. Compared to India, Pakistan's productivity growth is decent. To achieve high GDP growth, Pakistan needs to boost productivity growth to 3% or more.

Related papers

Economics, Econometrics and Finance
8 years ago

Chinese Economy Booming with Increased Productivity Growth Across Sectors!

Trade Impact
1 view
Decision Sciences
2 years ago

Mongolian agriculture sees turnaround with new policies boosting productivity growth.

Efficiency Analysis
Economic Growth
Agricultural Innovation
2 views
Economics, Econometrics and Finance
4 years ago

Boosting Total Factor Productivity in India Leads to Economic Growth Spike.

Economic Governance
Macroeconomic Trends
Macroeconomic Analysis
3 views