Economic value of introducing technology to improve productivity: An ARDL approach
The main objective of this research study is to investigate the impact of “Economic Value of introducing technology in Pakistan” as the technology is considered as the engine of growth. For this purpose, we used data for the period from 1985 to 2018. Different statistical techniques such as ADF Test...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Elsevier
2023-09-01
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| Series: | Innovation and Green Development |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2949753123000371 |
| _version_ | 1797753814382542848 |
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| author | Abdul Ghafoor Awan Robina Yaqoob |
| author_facet | Abdul Ghafoor Awan Robina Yaqoob |
| author_sort | Abdul Ghafoor Awan |
| collection | DOAJ |
| description | The main objective of this research study is to investigate the impact of “Economic Value of introducing technology in Pakistan” as the technology is considered as the engine of growth. For this purpose, we used data for the period from 1985 to 2018. Different statistical techniques such as ADF Test, ARDL and Error Correction Models were used to determine long run relationship between GDP (Which was dependent variable) and large manufacturing sector, labour force, health, education and exports, which were independent variables). The findings reveal that all independent variables have positive and significant relationship with GDP. So the development of R&D and adoption of latest technologies are urgent need for fast GDP growth and expansion in its size. |
| first_indexed | 2024-03-12T17:24:21Z |
| format | Article |
| id | doaj.art-50e14515f2a44b09a88d38fd9bf152a4 |
| institution | Directory Open Access Journal |
| issn | 2949-7531 |
| language | English |
| last_indexed | 2024-03-12T17:24:21Z |
| publishDate | 2023-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Innovation and Green Development |
| spelling | doaj.art-50e14515f2a44b09a88d38fd9bf152a42023-08-05T05:18:48ZengElsevierInnovation and Green Development2949-75312023-09-0123100069Economic value of introducing technology to improve productivity: An ARDL approachAbdul Ghafoor Awan0Robina Yaqoob1Faculty of Management Sciences, Institute of Southern Punjab, Multan, Pakistan; Corresponding author.Department of Economics, Institute of Southern Punjab, Multan, PakistanThe main objective of this research study is to investigate the impact of “Economic Value of introducing technology in Pakistan” as the technology is considered as the engine of growth. For this purpose, we used data for the period from 1985 to 2018. Different statistical techniques such as ADF Test, ARDL and Error Correction Models were used to determine long run relationship between GDP (Which was dependent variable) and large manufacturing sector, labour force, health, education and exports, which were independent variables). The findings reveal that all independent variables have positive and significant relationship with GDP. So the development of R&D and adoption of latest technologies are urgent need for fast GDP growth and expansion in its size.http://www.sciencedirect.com/science/article/pii/S2949753123000371Gross domestic productEducationHealthManufacturingExports |
| spellingShingle | Abdul Ghafoor Awan Robina Yaqoob Economic value of introducing technology to improve productivity: An ARDL approach Innovation and Green Development Gross domestic product Education Health Manufacturing Exports |
| title | Economic value of introducing technology to improve productivity: An ARDL approach |
| title_full | Economic value of introducing technology to improve productivity: An ARDL approach |
| title_fullStr | Economic value of introducing technology to improve productivity: An ARDL approach |
| title_full_unstemmed | Economic value of introducing technology to improve productivity: An ARDL approach |
| title_short | Economic value of introducing technology to improve productivity: An ARDL approach |
| title_sort | economic value of introducing technology to improve productivity an ardl approach |
| topic | Gross domestic product Education Health Manufacturing Exports |
| url | http://www.sciencedirect.com/science/article/pii/S2949753123000371 |
| work_keys_str_mv | AT abdulghafoorawan economicvalueofintroducingtechnologytoimproveproductivityanardlapproach AT robinayaqoob economicvalueofintroducingtechnologytoimproveproductivityanardlapproach |