Naqvi, Takreem
[VerfasserIn]
;
Waheed, Abdul
[Sonstige Person, Familie und Körperschaft];
Mahmood, Hamid
[Sonstige Person, Familie und Körperschaft];
Rafique, Muhammad
[Sonstige Person, Familie und Körperschaft]
Impact of Political Instability on Financial Development of Pakistan
Anmerkungen:
In: International Journal of Management Sciences and Business Research, Vol. 6(4), April 2017
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 6, 2017 erstellt
Beschreibung:
This study analyzed the impact of political instability on financial development of Pakistan. OLS regression is used for the estimation of data. Time series data is used for the study. 40 years are included in the time series from 1972 to 2011. The variable of interest is political instability controlling the effects of trade openness, legal protection and GDP/capita. The regression results showed that political instability has negative significant impact on financial development of Pakistan. Trade openness is positive but insignificant with financial development. Legal protection and GDP/capita showed positive and significant impact on the financial development of Pakistan