IMPACT OF TRADE OPENNESS AND POPULATION GROWTH ON ECONOMY

Abstract

The objective ofcurrent research work is to test impact ofgrossfixed capitalformation, trade openness, Population growth, net official development assistance on gross domestic product. The annual data on study variables taken from world bank database which was time series data from 1970 till 2018. For empirical evidence of statistically significant relationship appropriate statistical tool are used such as ARDL and bound test results provides consolidate evidences regarding the significance of long-run impact ofpopulation growth, grossfixed capital formation, official development assistance and trade openness on gross domestic product. The findings ofstudy are important to academic award research and relevant ofgovernment authorities while designing policies when designing the policies in Pakistanfor economic stabilityforlongperiod.