This study tries to answer the question, “has macroeconomic instability detrimental impact on gross domestic product of Pakistan over the period of 1980 to 2012?” For reviewing macroeconomic instability a comprehensive macroeconomic instability index is constructed by incorporating inflation rate, unemployment rate, trade deficit and budget deficit. Autoregressive Distributed Lag (ARDL) model h...

Four major components influence the growth of the gross domestic product in Chinese provinces: consumption, investment, transnational exports, and inter-provincial exports. By splitting a competitive input-output table into a non-competitive input-output table, this study used an input-output model to measure the contributions of the four components of gross domestic product in various regions ...

GDP The gross domestic product POP The population GDP CAP The gross domestic product per capita LOSS The system power losses (MW) EP Electricity consumption (Multiplication of electricity consumption by population) LF Load factor R/S Cost of one kWh (milliamps/kWh) (cost of Energy).

Recent strides in economic complexity have shown that the future development of nations can be predicted with a single “economic fitness” variable, which captures countries' competitiveness international trade. The predictions by this low-dimensional approach could match or even outperform based on much more sophisticated methods, such as those International Monetary Fund (IMF). However, all pr...