Time to Chirp; an Advice to Pakistan, China and India

Muhammad Aamir Ali; Muhammad Afzal Asghar; Haroon Sarwar; Daniyal Saleem; Sehrish Ammar; Aroopa Iqbal

doi:doi:10.11648/j.jbed.20170203.17

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Time to Chirp; an Advice to Pakistan, China and India

Muhammad Aamir Ali, Muhammad Afzal Asghar, Haroon Sarwar, Daniyal Saleem, Sehrish Ammar, Aroopa Iqbal

Published in Journal of Business and Economic Development (Volume 2, Issue 3)

Received: 16 February 2017 Accepted: 4 March 2017 Published: 20 May 2017

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Abstract

The scientific research is the key for industrialization. The objectives of this paper are to investigate the relationship between stock market growth and economic development and the moderating effect of scientific research on this relationship. The panel study is done by taking three countries Pakistan, China and India and the sample data is taken for each country from 1992-2012. The STATA 11 is used for statistical analysis and Hausman Test signifies the significant of random-effects regression model. The results show that the relationship between stock market and economic growth is significant and the moderating effect of scientific research is also significant. The Breusch and Pagan Lagrangian Multiplier test for random-effects model also show significance of the random-effects model. The study is very beneficial for these countries to focus on scientific research in future.

Published in	Journal of Business and Economic Development (Volume 2, Issue 3)
DOI	10.11648/j.jbed.20170203.17
Page(s)	182-186
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Scientific Research, Stock Market Growth, Economic Development, Hausman Test, Random-Effects Model, Lagrangian Multiplier Test

References

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[9]	Mahmood, A. (2013). "Impact of Financial Development on Economic Growth of Pakistan.". Abasyn Journal of Social Sciences, 6.2: 106-116.
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[11]	Pan, L. &. (2016). Stock Market Development and Economic Growth: Empirical Evidence from China.
[12]	Paramati, S. R. (2013). An empirical analysis of stock market performance and economic growth: Evidence from India. International Research Journal of Finance and Economics, ISSN, 1450-2887.
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[19]	Von Hippel, P. T. (2005). Mean, median, and skew: Correcting a textbook rule. Journal of Statistics Education, 13(2), n2.

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Muhammad Aamir Ali, Muhammad Afzal Asghar, Haroon Sarwar, Daniyal Saleem, Sehrish Ammar, et al. (2017). Time to Chirp; an Advice to Pakistan, China and India. Journal of Business and Economic Development, 2(3), 182-186. https://doi.org/10.11648/j.jbed.20170203.17

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ACS Style

Muhammad Aamir Ali; Muhammad Afzal Asghar; Haroon Sarwar; Daniyal Saleem; Sehrish Ammar, et al. Time to Chirp; an Advice to Pakistan, China and India. J. Bus. Econ. Dev. 2017, 2(3), 182-186. doi: 10.11648/j.jbed.20170203.17

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AMA Style

Muhammad Aamir Ali, Muhammad Afzal Asghar, Haroon Sarwar, Daniyal Saleem, Sehrish Ammar, et al. Time to Chirp; an Advice to Pakistan, China and India. J Bus Econ Dev. 2017;2(3):182-186. doi: 10.11648/j.jbed.20170203.17

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@article{10.11648/j.jbed.20170203.17,
  author = {Muhammad Aamir Ali and Muhammad Afzal Asghar and Haroon Sarwar and Daniyal Saleem and Sehrish Ammar and Aroopa Iqbal},
  title = {Time to Chirp; an Advice to Pakistan, China and India},
  journal = {Journal of Business and Economic Development},
  volume = {2},
  number = {3},
  pages = {182-186},
  doi = {10.11648/j.jbed.20170203.17},
  url = {https://doi.org/10.11648/j.jbed.20170203.17},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20170203.17},
  abstract = {The scientific research is the key for industrialization. The objectives of this paper are to investigate the relationship between stock market growth and economic development and the moderating effect of scientific research on this relationship. The panel study is done by taking three countries Pakistan, China and India and the sample data is taken for each country from 1992-2012. The STATA 11 is used for statistical analysis and Hausman Test signifies the significant of random-effects regression model. The results show that the relationship between stock market and economic growth is significant and the moderating effect of scientific research is also significant. The Breusch and Pagan Lagrangian Multiplier test for random-effects model also show significance of the random-effects model. The study is very beneficial for these countries to focus on scientific research in future.},
 year = {2017}
}

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TY  - JOUR
T1  - Time to Chirp; an Advice to Pakistan, China and India
AU  - Muhammad Aamir Ali
AU  - Muhammad Afzal Asghar
AU  - Haroon Sarwar
AU  - Daniyal Saleem
AU  - Sehrish Ammar
AU  - Aroopa Iqbal
Y1  - 2017/05/20
PY  - 2017
N1  - https://doi.org/10.11648/j.jbed.20170203.17
DO  - 10.11648/j.jbed.20170203.17
T2  - Journal of Business and Economic Development
JF  - Journal of Business and Economic Development
JO  - Journal of Business and Economic Development
SP  - 182
EP  - 186
PB  - Science Publishing Group
SN  - 2637-3874
UR  - https://doi.org/10.11648/j.jbed.20170203.17
AB  - The scientific research is the key for industrialization. The objectives of this paper are to investigate the relationship between stock market growth and economic development and the moderating effect of scientific research on this relationship. The panel study is done by taking three countries Pakistan, China and India and the sample data is taken for each country from 1992-2012. The STATA 11 is used for statistical analysis and Hausman Test signifies the significant of random-effects regression model. The results show that the relationship between stock market and economic growth is significant and the moderating effect of scientific research is also significant. The Breusch and Pagan Lagrangian Multiplier test for random-effects model also show significance of the random-effects model. The study is very beneficial for these countries to focus on scientific research in future.
VL  - 2
IS  - 3
ER  -

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Author Information

Muhammad Aamir Ali

School of Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Muhammad Afzal Asghar

MPHil Students School, Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Haroon Sarwar

MPHil Students School, Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Daniyal Saleem

MPHil Students School, Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Sehrish Ammar

MPHil Students School, Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Aroopa Iqbal

MPHil Students School, Accounting and Finance, University of Central Punjab, Lahore, Pakistan

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Plain Text BibTeX RIS

APA Style

Muhammad Aamir Ali, Muhammad Afzal Asghar, Haroon Sarwar, Daniyal Saleem, Sehrish Ammar, et al. (2017). Time to Chirp; an Advice to Pakistan, China and India. Journal of Business and Economic Development, 2(3), 182-186. https://doi.org/10.11648/j.jbed.20170203.17

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ACS Style

Muhammad Aamir Ali; Muhammad Afzal Asghar; Haroon Sarwar; Daniyal Saleem; Sehrish Ammar, et al. Time to Chirp; an Advice to Pakistan, China and India. J. Bus. Econ. Dev. 2017, 2(3), 182-186. doi: 10.11648/j.jbed.20170203.17

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AMA Style

Muhammad Aamir Ali, Muhammad Afzal Asghar, Haroon Sarwar, Daniyal Saleem, Sehrish Ammar, et al. Time to Chirp; an Advice to Pakistan, China and India. J Bus Econ Dev. 2017;2(3):182-186. doi: 10.11648/j.jbed.20170203.17

Copy | Download

@article{10.11648/j.jbed.20170203.17,
  author = {Muhammad Aamir Ali and Muhammad Afzal Asghar and Haroon Sarwar and Daniyal Saleem and Sehrish Ammar and Aroopa Iqbal},
  title = {Time to Chirp; an Advice to Pakistan, China and India},
  journal = {Journal of Business and Economic Development},
  volume = {2},
  number = {3},
  pages = {182-186},
  doi = {10.11648/j.jbed.20170203.17},
  url = {https://doi.org/10.11648/j.jbed.20170203.17},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20170203.17},
  abstract = {The scientific research is the key for industrialization. The objectives of this paper are to investigate the relationship between stock market growth and economic development and the moderating effect of scientific research on this relationship. The panel study is done by taking three countries Pakistan, China and India and the sample data is taken for each country from 1992-2012. The STATA 11 is used for statistical analysis and Hausman Test signifies the significant of random-effects regression model. The results show that the relationship between stock market and economic growth is significant and the moderating effect of scientific research is also significant. The Breusch and Pagan Lagrangian Multiplier test for random-effects model also show significance of the random-effects model. The study is very beneficial for these countries to focus on scientific research in future.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Time to Chirp; an Advice to Pakistan, China and India
AU  - Muhammad Aamir Ali
AU  - Muhammad Afzal Asghar
AU  - Haroon Sarwar
AU  - Daniyal Saleem
AU  - Sehrish Ammar
AU  - Aroopa Iqbal
Y1  - 2017/05/20
PY  - 2017
N1  - https://doi.org/10.11648/j.jbed.20170203.17
DO  - 10.11648/j.jbed.20170203.17
T2  - Journal of Business and Economic Development
JF  - Journal of Business and Economic Development
JO  - Journal of Business and Economic Development
SP  - 182
EP  - 186
PB  - Science Publishing Group
SN  - 2637-3874
UR  - https://doi.org/10.11648/j.jbed.20170203.17
AB  - The scientific research is the key for industrialization. The objectives of this paper are to investigate the relationship between stock market growth and economic development and the moderating effect of scientific research on this relationship. The panel study is done by taking three countries Pakistan, China and India and the sample data is taken for each country from 1992-2012. The STATA 11 is used for statistical analysis and Hausman Test signifies the significant of random-effects regression model. The results show that the relationship between stock market and economic growth is significant and the moderating effect of scientific research is also significant. The Breusch and Pagan Lagrangian Multiplier test for random-effects model also show significance of the random-effects model. The study is very beneficial for these countries to focus on scientific research in future.
VL  - 2
IS  - 3
ER  -

Copy | Download