Impact of Exports on Economic Development of Pakistan: Exports and Economic Development: A Longitudinal Survey of Pakistan Economy (1985-2015)

The thesis aims to highlight the relationship between the exports and the economic development variables during 1985-2015. To obtain this purpose, the researcher has carried out a secondary research for collecting the required data. For example, only quality resources, such as World Bank, and official websites of the Pakistan government, have been accessed for collecting the required data. To evaluate the relationship between the variables, the author has used the exports (E) as an independent variable whereas Gross Domestic Product (GDP), tax revenue (TR), foreign direct investment (FDI), and unemployment (U) have been taken as dependent variables. Subsequently, the author has used E-views software for determining and assessing the relationship between the variables. More specifically, both simple linear regression and multiple linear regressions have been carried out. However, before applying and ascertaining their relationship, stationarity of all collected data has been performed. The empirical results reveal different findings relating to the variables. The result shows no strong relationship between the GDP and exports whereas tax revenue retains a weak relationship with the exports. On the other hand, FDI maintains no strong positive relationship with the exports. At the same time, unemployment retains a weak relationship. The multiple regression results show a positive relationship between the exports and all four economic variables