The fifth essay found that a Keynesian aggregate demand model adapted to estimate growth over time explained Pakistan’s gross domestic product (GDP) growth trajectory well. The plurality of causal variables on the right-hand side of the equation was the model’s advantage in determining output growth on the left-hand side of the equation. Further, the nuance of the model through the Kahn-Keynes multiplier (k) posited investment and consumption as trade-offs rather than additives.

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Analysing Pakistan’s Investment Growth Over Time

  • Moazam Mahmood,
  • Rabia Ikram

摘要

The fifth essay found that a Keynesian aggregate demand model adapted to estimate growth over time explained Pakistan’s gross domestic product (GDP) growth trajectory well. The plurality of causal variables on the right-hand side of the equation was the model’s advantage in determining output growth on the left-hand side of the equation. Further, the nuance of the model through the Kahn-Keynes multiplier (k) posited investment and consumption as trade-offs rather than additives.