Pakistan Journal of Applied Economics

1-12

Authors: Zahid AHMAD* and Anam TARIQ**

The paper examines the impact of international trade on tourism of the top ten GDP ranking countries of South and South East Asian Region for a period of 15 years, 1995 to 2009. The study includes two independent variables of trade: imports and exports, and one dependent variable of tourism – the number of tourist departures. Pooled Regression Model, Fixed Effect Model and Random Effect Model have been applied as a research tool. Results of the study reveals that the international trade and tourism industry help to promote economic development of countries of the South and South-East Asian Region.

31-54

Authors: Naeem AKRAM* and Asma GULZAR**

Though the Pakistan’s contribution to greenhouse gases (GHG) emissions is miniscule as compared to other countries i.e., only 0.8 per cent of the total GHG emissions, yet it is one of the major victims of climate change effects. The present study is an attempt to explore the impacts of climate change on economic growth of Pakistan by conducting national as well as provincial level analysis for the period 1973-2010. The study uses temperature as proxy for climate change. It has been found that temperature has a negative and significant relationship with GDP and productivity in agriculture, manufacturing and services sectors. However, severity of these negative impacts is higher in agriculture in comparison with manufacturing and services. The provincial results suggest that there is a negative and significant relationship of climate change with growth in the provinces of Balochistan and Khyber Pakhtunkhwa (KPK) while insignificant relationship with growth in Punjab and Sindh provinces. The results reveal that a comprehensive policy regarding adoption of mitigation strategies to combat climate change is very crucial for Pakistan.