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Publications (16)0.73 Total impact

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    Amatul R. Chaudhary, Muhammad Irfan Chani, Zahid Pervaiz
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    ABSTRACT: Women empowerment has attracted the attention of researchers as an active area of research since 1980s. It can be viewed as an ultimate end as well as a mean to achieve other development goals. The present study is an attempt to investigate how consciousness /sensitization of women about their rights, economic empowerment of women and women’s overall development can be helpful in achieving the goal of women’s empowerment. The study uses data for the period of 1996 to 2009 for Pakistan. Empirical results reveal that consciousness of women about their rights, economic empowerment of women and women’s overall development have positive and significant effect on women’s empowerment as measured by Gender Empowerment Measure (GEM) index. Granger Causality Test confirms the existence of bi-directional causality between women’s overall development and women’s empowerment. A unidirectional causality exists between sensitization of women and women’s empowerment.
    World Applied Sciences Journal. 01/2012; 16(7):971-980.
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    ABSTRACT: This paper aims to investigate the relationship between physical infrastructure and economic development of Pakistan. A composite index of physical infrastructure has been constructed through Principal Component Analysis. This has been done by taking into account three different dimensions of infrastructure i.e. transportation infrastructure, energy infrastructure and telecommunication infrastructure. Johansen Cointegration Technique has been applied to confirm the existence of co-integration among the variables of our interest. The empirical analysis shows that co-integration exists among the variables of economic development, employed labour force, gross private fixed capital formation and physical infrastructure. The variables of employed labour force, gross private fixed capital formation and physical infrastructure have statistically significant and positive effect on economic development of Pakistan.
    Middle-East Journal of Scientific Research. 01/2012; 11(2):216 - 220.
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    ABSTRACT: This paper attempts to analyze the impact of gender inequality on economic growth of Pakistan. An annual time series data for the period of 1972-2009 has been used in this study. We have regressed growth rate of real gross domestic product (GDP) per capita on labour force growth, investment, trade openness and a composite index of gender inequality. The results reveal that labour force growth, investment and trade openness have statistically significant and positive impact whereas gender inequality has a significant and negative effect on economic growth of Pakistan.
    Middle-East Journal of Scientific Research. 01/2011; 10(4):434-439.
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    ABSTRACT: This study aims to investigate the role of economic growth and inflation in explaining the prevalence of poverty in Pakistan. ARDL bound testing approach to co-integration confirms the existence of long run relationship among the variables of poverty, economic growth, inflation, investment and trade openness over the period of 1972-2008. Empirical results show that economic growth and investment have negative and inflation has positive impact on poverty. The effect of trade openness on poverty is insignificant in this study. The short run analysis reveals that economic growth has negative and inflation has positive impact on poverty whereas the role of investment and trade openness in poverty reduction in short run is not significant.
    World Applied Sciences Journal. 01/2011; 14:1058 - 1063.
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    Sajjad Ahmad Jan, A. R. Chaudhary
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    ABSTRACT: This study investigates for the existence or non-existence of conditional convergence across the provinces of Pakistan. The annual output data from 1973 to 2000 is pooled for the four Pakistani provinces. The cross-sectional specific effects, the time specific effects, the manufacturing output, and the structural variable for aggregate supply or production shocks are used to control the different steady state levels of per capita incomes of the different provinces. The equation for conditional convergence is estimated through generalized least squares (GLS) method, after controlling for the different steady states of the provinces. The result shows that the provinces of Pakistan converge to their own respective steady states with a convergence speed of 11% per annum. At the same time manufacturing output is also statistically significant and positively affects the economic growth in the provinces. However the structural variable is not statistically significant.
    Pakistan Journal of Commerce and Social Sciences, Vol. 5 (1), 01-12. 01/2011; 5:117-128.
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    Sajjad Ahmad Jan, A. R. Chaudhary
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    ABSTRACT: This study looks into the long debated issue of regional imbalances in Pakistan through the convergence framework as is implied by the Solow [1] growth model. The annual output data from 1973 to 2000 is pooled for the four Pakistani provinces. The equation for the unconditional convergence is estimated through the pooled least squares (PLS) technique. The estimation result shows that there is no unconditional convergence among the Pakistani provinces. The output gap among the Pakistani provinces shows no sign of decline; instead it remains unchanged during the period under study. The non existence of unconditional convergence implies that determinants of the long nm or steady state level of output are quite different in different provinces of Pakistan.
    World Applied Sciences Journal. 01/2011; 13:200-205.
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    ABSTRACT: There is voluminous work on the relationship between human capital and income. It is widely accepted that human capital accumulation positively and significantly affects the income level of the individuals as well as nations. However it is also observed that the affluent individuals and nations spend more on education and thus having more human capital. It means that if someone having lesser access to earning opportunities will be severely restricted to acquire sufficient education. Similarly people who are less educated or uneducated have lesser prospects to earn sufficient income. In other words we can say that unequal distribution of income may result in educational inequality and vice versa. Pakistan is an interesting case study as it has high income as well as educational inequality. The knowledge of the magnitude and direction of the effect of one type of inequality on the other type of inequality will enable the policy makers to devise the right types of policies for reducing both types of the inequalities. We have used the time series annual data from 1973 to 2008 for conducting the Johanson Co-integration and Granger causality tests between income and educational inequalities. The results are unidirectional and show that income inequality causes educational inequality.
    8th International Conference on Recent Advances in statistics: Statistics, Biostatistics, and Econometrics. In Honor of Dr. Shahjahan Khan. Organized by Islamic Society of Statistical Sciences (ISOSS); 01/2011 · 0.73 Impact Factor
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    Zahid Pervaiz, A R Chaudhary
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    ABSTRACT: Understanding the nature and causes of economic progress has always been a matter of concern for economists. Growth differentials across countries have been intensively studied in economic literature and a number of possible reasons of these differentials have been presented. Recently the focus of growth studies has shifted towards economic growth effects of political economy factors such as political instability, institutional quality, ethno-linguistic fractionalization and social cohesion. In fact, social cohesion has become an active area of research not only for economists but also for the social scientists from different related disciplines such as sociology, political science, anthropology and psychology. But in spite of lot of discussion on the determinants and causes of social cohesion, there are still many differences regarding its conceptual foundations and measurement issues. This paper aims to shed light on these key conceptual and measurement issues related to social cohesion. It also discusses that how the different measures used for measurement of social cohesion lack some important aspects and why it is necessary to include these aspects while quantifying social cohesion for the purpose of some empirical research. Moreover the issue has also been discussed in the context of Pakistan.
    8th International Conference of Islamic countries Society of Statistical Sciences (ISOSS); 01/2011
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    Muhammad Irfan CHANI, Zahid PERVAIZ, Amatul R. CHAUDHARY
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    ABSTRACT: The paper uses imperfect substitution approach to derive the aggregate import demand function on the basis of disaggregated expenditure components. This derived import demand function is then empirically tested for Pakistan by using co-integration and error correction mechanism. The empirical results show that elasticity of import demand with respect to different macro components of final expenditure is different. The import demand in Pakistan is affected positively and significantly by all expenditure components. The relative prices have negative but insignificant relationship with import demand in Pakistan. The findings indicate that use of aggregate expenditure variable in the aggregate import demand function leads to aggregation bias because different macro components of final expenditure have different import contents. The model derived in this study provides indepth guidelines for macroeconomic policy decisions in order to overcome the problem of persistent trade deficit in the country.
    Theoretical and Applied Economics. 01/2011; XVIII(2011)(8(561)):93-110.
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    ABSTRACT: Physical Infrastructure has long been viewed as important for economic growth, but the researchers are now emphasizing the importance of physical infrastructure for reducing income inequality. Pakistan’s economic growth has been satisfactory in the previous decades, but it has not been inclusive. The distribution of income has been skewed and most of the benefits of economic growth have been concentrated in a specific class. In this study we investigate that the provision of transportation, telecommunication, and energy has been crucial for reducing income inequality in Pakistan from 1973 to 2008. We develop a composite index from the physical indicators of infrastructure through the Principal Component Method. We estimate the long run equilibrium relationship and have found that the increase in physical infrastructure is associated with the decrease in income inequality.
    EIGHTH INTERNATIONAL CONFERENCE ON RECENT ADVANCES IN STATISTICS: STATISTICS, BIOSTATISTICS AND ECONOMETRICS; 01/2011
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    ABSTRACT: This study aims to investigate the role of economic growth and inflation in determining poverty in Pakistan. ARDL bound testing approach to co-integration confirms the existence of long run relationship among the variables of poverty, economic growth, inflation, investment and trade openness over the period of 1972-2008. Empirical results show that economic growth and investment have negative and inflation has positive impact on poverty. The effect of trade openness on poverty remains insignificant in Pakistan. The short run analysis reveals that economic growth has negative and inflation has positive impact on poverty whereas the role of investment and trade openness in poverty reduction in short run is not significant.
    7th Two-day International Conference on World Statistics Day: “Statistics for Society” organized by ISOSS; 01/2010
  • Muhammad Irfan Chani, Amatul R. Chaudhary
    01/2010: pages 72; , ISBN: 978-3-8433-6895-7
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    Muhammad Irfan Chani, A.R. Chaudhary
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    ABSTRACT: This study is aimed at in-depth empirical analysis of impact of final expenditure components on import demand in Pakistan. ARDL bound testing approach to cointegration is used to analyze the long run relationship of import demand, relative prices of imports and components of final expenditure like household consumption, investment, exports and government consumption expenditures. Empirical results show that there exists a long run relationship between import demand and the macro components of final expenditure and relative prices. Long run coefficients indicate that elasticity of import demand with respect to different macro components of final expenditure is different. The impact of the all expenditure components on import demand is positive and significant. The relative prices have negative but insignificant relationship with import demand in Pakistan. For the analysis of Short Run dynamics, Vector Error Correction Model (VECM) has been used. The results show that all expenditure components have positive and significant impact on import demand in Pakistan while the effect of relative prices is also statistically insignificant in short run.
    7th Two-day International Conference on World Statistics Day: “Statistics for Society”; 01/2010
  • Sajjad Ahmad Jan, A. R. Chaudhary
    1st 01/2010; Lambert Academic Publishing, Germany., ISBN: 978-3-8383-5935-9
  • Zahid Pervaiz, A R Chaudhary
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    ABSTRACT: This study is an attempt to find out impact of social cohesion on economic growth of Pakistan. The study has used the variables of middle class share of income, gender inequality, educational inequality and poverty as proxy for social cohesion. By employing Johansen’s Co-integration Approach and using the time series data for the period of 1972 to 2007, we have found that all proxies of social cohesion and economic growth are co-integrated. The variable of middle class share of income has positive whereas gender inequality, educational inequality and poverty have negative impact on economic growth of Pakistan. For Short Run dynamics, Vector Error Correction Model (VECM) has been used. The Short Run results show that only two variables of middle class share of income and poverty seem to have statistically significant effect on economic growth in short run while the impact of other two variables of gender inequality and educational inequality is statistically insignificant.
    7th International Confeence of Islamic Society of Statistical Sciences, Superior University, Lahore, Pakistan.; 01/2010
  • Zahid Pervaiz, A R Chaudhary
    01/2010: pages 62; , ISBN: 978-3-8433-7386-9