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Explaining Pakistan’s Long-Run Growth: A Keynesian Model in Seven Essays Moazam Mahmood
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Explaining Pakistan’s Long-Run Growth: A Keynesian Model in Seven Essays
Moazam Mahmood
Applied to the hiatus in Pakistan’s GDP growth after 1992, this model shows that pre-1992, high GDP growth is explained by high investment growth, paired with a low marginal propensity to consume (MPC), while post-1992, lowered GDP growth is explained by lower investment growth paired with a higher MPC.
| Media | Books Hardcover Book (Book with hard spine and cover) |
| Released | May 15, 2025 |
| ISBN13 | 9783031866760 |
| Publishers | Springer International Publishing AG |
| Pages | 230 |
| Dimensions | 150 × 220 × 20 mm · 449 g |
| Language | German |
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