1. The document discusses two articles that analyze the impact of inflation on different economic sectors in Pakistan and Ethiopia.
2. The first article uses time series data from Pakistan from 1972-2010 to find that inflation has a positive impact on growth in the agriculture and services sectors but hurts growth in the manufacturing sector.
3. The second article examines data from Ethiopia from 1975-2019 and finds that the agricultural, investment, and services sectors have contributed to reducing inflation in that country.
1. The document discusses two articles that analyze the impact of inflation on different economic sectors in Pakistan and Ethiopia.
2. The first article uses time series data from Pakistan from 1972-2010 to find that inflation has a positive impact on growth in the agriculture and services sectors but hurts growth in the manufacturing sector.
3. The second article examines data from Ethiopia from 1975-2019 and finds that the agricultural, investment, and services sectors have contributed to reducing inflation in that country.
1. The document discusses two articles that analyze the impact of inflation on different economic sectors in Pakistan and Ethiopia.
2. The first article uses time series data from Pakistan from 1972-2010 to find that inflation has a positive impact on growth in the agriculture and services sectors but hurts growth in the manufacturing sector.
3. The second article examines data from Ethiopia from 1975-2019 and finds that the agricultural, investment, and services sectors have contributed to reducing inflation in that country.
Question#3 what is the impact of inflation on sectoral growth (agriculture, manufacturing and
services) of Pakistan
Articles:
1: DOES INFLATION MATTER FOR SECTORAL GROWTH IN PAKISTAN? An Empirical Analysis
2: Impact of economic sectors on inflation rate: Evidence from Ethiopia
No of Year Cross Observations Analysis Dependent Independent Literatu Methodology Findi
article section level variable variable re gap ngs s 1 2013 Pakistan 1972-2010 Annual Manufacturin Manufacturing The OLS is used, For time series g sector sector( CPI impact autocorrelati the analysis (manufacturi inflation, of on among gro ng sector Trade inflation the wth on the growth rate) Openness, regression of remaini Investment errors are man ng Agriculture growth rate, checked out ufac sectors sector(agricul Bank rate, Log of the with the help turin ture sector of foreign econom of Durban g growth rate) remittances) y of Watson sect Pakistan (DW). or Services Agricultural (Mining infla sector(service sector(Log of and Agriculture tion s sector agriculture Quarryi model was in growth rate) sector ng, estimated by the exports, Log of Constru two steps econ ction, irrigated area Least square omy and in Million Method for is Electricit Hectors) y and autoregressiv har Gas e of order mful Services Distribu one sector(women tion) specification Incre participation Can also s ase rate in work be Durban ‘h’ in force, urban analyse statistic is the population d by the used for price growth rate) same agriculture level pattern. sector hurt estimations s the gro wth of man ufac turin g sect or Infla tion has a posi tive impa ct on the gro wth of agric ultur e and servi ces sect ors 2 2022 Ethiopia 1975-2019 Annual D(LNINF) D(ln large autoregressiv the time series inflation Agriculture popula e distributed agric analysis sector) tion lag model is ultur growth used al D(ln interest to determine sect investment and to the direction or sector) reduce of causation, have inflatio the Granger cont D(ln services n in the causality test ribut sector) country was ed , the conducted to Ethiopi redu an cing govern infla ment tion should in develop the human long resourc run e deploy and ment, the expand agric industri ultur al al sectors, sect introdu or ce have educati cont on for ribut self- ed reliance to this redu were cing cover in infla this tion study. in the long run In the long run, agric ultur e can redu ce infla tion