Achieving higher levels of economic growth is the key aim of every economy. This study is designed to explore the disaggregated analysis of the economic growth of Pakistan from 1970 to 2020. Different econometric techniques are applied to estimate the results such as the ADF test, Wald test, and ARDL model. ADF test points out the mixed order of integration of variables. ARDL estimates found that labor force participation rate, services sector growth rate, agriculture sector growth rate, and industrial sector growth rate are positively and significantly related to the economic growth in Pakistan. The outcomes of the study demonstrate that agriculture, services, and industrial sectors are important boosting factors of economic growth. By keeping in view the findings it is suggested that special attention needs to be taken to boost the production of industrial, services, and agriculture sectors in Pakistan.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2025 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.