Unbreen Qayyum

• Pakistan Institute of Development Economics

Historically, plethora of researchers has investigated the role of religion across multiple facets of human existence. Research in the field of religion and economic development is in its initial stage, and now many researchers are concerned about the non-economic factors and their role in the development of an economy. Religion is considered as th...

This study examines the impact of foreign direct investment (FDI) on environmental degradation by keeping in view the role of institutional quality (IQ) in the South Asian region. Second-generational unit root test is used to address the issue of cross-sectional dependency. Mixed order of integration enabled us to use panel autoregressive distribut...

This paper examines the bilateral trade flows between Pakistan and China with a particular focus on the trade of agricultural goods. It observes the trends and characteristics of China-Pakistan trade relations after both countries signed the China-Pakistan Free Trade Agreement in 2006. We use the trade complementarity index, revealed comparative ad...

Environmental degradation as a consequence of military activities largely remains a neglected subject, especially in South Asia. To fill this gap, we have investigated the impact of armed conflicts and militarization on the environmental dilapidation of South Asian countries from 1984 to 2019. A second generational unit root test has been applied t...

In many developing countries, poor households face multiple shocks that disrupt their consumption patterns and lead to an increased welfare loss. Consequently, households adopt coping mechanisms that negatively impact their overall well-being. While social safety nets have been implemented to protect vulnerable households, it is essential to assess...

This study investigates the nexus between political instability, corruption, and environmental degradation for the selected South Asian countries over the time 1996 to 2019. After confirming cross-sectional dependency by using Breusch and Pagan (LM) test and Pesaran (CD) test, the second generational panel unit root test (CADF) of Pesaran is used t...

This research article sheds light on the dynamic relationship between environmental regulations changes and stock market development in China. Utilizing the nonlinear autoregressive distributed lag (NARDL) and the nonlinear causality approaches, we observed a nonlinear causal relationship between environmental regulations changes and stock developm...

In the estimation of demand functions for energy resources, parametric econometric models of energy demand are commonly used to predict future energy needs. The functional forms commonly assumed in parametric energy demand models include linear functional forms, log-linear forms, trans-log models, and an almost ideal demand system. It is frequently...

Over the last few decades, both South and Southeast Asian regions have witnessed noteworthy economic development but unfortunately could not manage to mitigate the looming threat of climate change. Several initiatives have been taken recently to achieve sustainable development goals via technological innovations and the adoption of renewable energy...

In recent years, South Asian economies have observed rapid urbanization along with expanding informal economy that poses a serious threat to environmental quality. This study examines the impact of urbanization and informal economy on the ecological footprint of selected South Asian countries. Results indicate that urbanization and informal economy...

This paper empirically investigated the trade competitiveness and trade potential of Pakistan and ASEAN countries in the Chinese market. The study utilizes trade data for the period of 2003–2019 to assess the bilateral trade aspects by using an extended gravity equation. In addition, the PPML model and constant market share analysis are applied to...

This paper provides a critique of Acemoglu, Johnson, and Robinson's (2001, 2002) notion that rests on the hypothesis of exogenous imposition of colonial institutions onto their respective colonies based on conditions for their settlement. Our research brings forth the logical loopholes in Acemoglu, Johnson, and Robinson (AJR) by constructing argume...

This study examines poor households’ vulnerability to idiosyncratic and covariate shocks in Pakistan. First, it observes households’ socioeconomic, demographic, and geographic factors that influence the incidence of shocks. Second, it examines households coping strategies adopted to mitigate the negative effects of these shocks. For this purpose, w...

Data and command files can be accessed . The manuscript will be added/uploaded once its online.

As soon as article is online, it will be uploaded.

Pakistan’s recent focus on SEZs, under CPEC, has the potential to enhance firms’ productivity, integrate Pakistan with global value chains and revive its manufacturing industry in the long run. While studying the state of Pakistan’s economy, this study finds that relative to its neighbouring countries like India and Bangladesh, Pakistan’s exports b...

This study attempts to explore the impact of foreign aid on the quality of governance while also taking into consideration the role of both internal and external conflict. Conflict does affect the governance directly by inducing instability and volatility in the economy, this precariousness gives rise to inauspicious climate that puts off the inves...

This study primarily investigates risk adjusted performance of US equity mutual fund by using funds provided by Morningstar database. Funds under investigation are taken from two broad investment style categories of growth and value funds. Additionally this study also investigates timing & selectivity of fund managers and performance persistence. B...

Financial sector development plays a pivotal role in the process of economic growth and development through mobilization of savings and creating investment opportunities. Financial development also increases the level of technology by providing finance to entrepreneurs for technological innovations which leads to economic growth. Moreover, financia...

Remittances and financial developments have been an important and overgrowing source in accelerating the growth process of many transitional economies. The economies that have enough source of remittance from their expatriate necessitate the well established technology for financial transactions that ultimately result in economic growth. This paper...

This study empirically investigates the impact of foreign capital and governance on the economic growth by employing country level data from 1984 to 2010 for Asian developing countries. Governance; foreign aid and FDI positively affect the growth (per capita income) however, higher levels of debt are associated with slow growth rates. Results of th...

In “Poor Economics”, Abhijit Banerjee and Esther Duflo have put forward an interesting perspective on how to view the issue of poverty and innovative ways for its alleviation. The lessons in the book are rooted in the 15 years of authors’ research in different developing countries across the globe. They advance the debate initiated by Jeffrey Sachs...

This study attempts to explore the impact of foreign aid on the quality of governance and how conflicts, whether internal or external affect the overall situation. Conflicts affect governance directly by creating instability which adversely affects economic development as investment climate is fouled and output drops leading to fall in revenues. In...

This study tries to investigate the inter-linkage between foreign trade and Foreign Direct Investment (FDI) in case of Pakistan. Annual data for the period 1985-2010 have been considered for eight major trading partners-Canada, France, Germany, Hong Kong, Japan, Saudi Arabia, UK and USA. The Johansen Fisher Panel Cointegration Test and Vector Error...

Institutional quality plays an important role in promoting economic development of a nation. Foreign capital can work efficiently and its productivity will be high if the quality of institution is good. This study attempts to investigate empirically the impact of external debt and foreign aid on economic growth by taking into consideration the qual...