Author title methoddology Finding

Ahmad, Arslan and Exchange Rate and  time series data  exchange rate
Ahmad, Najid and Economic Growth (1975-2011) has negative
Ali, Sharafat in Pakistan affect on
 secondary data
(1975-2011) economic
collected from
growth of
the official
Pakistan.
economic
Date published: survey of  OLS show that
Pakistan and inflation and
June 2013 WDI. exchange rate
has negative
 Augmented
and significant
Dickey Fuller
affect
(ADF) test: to
economic
check the
growth of
stationary of
Pakistan.
variables
 Ordinary Least
Squares  Exchange rate
method: check coefficient is
the relation -0.5504 that
between means one
dependent percent
variable (GDP) increase in
and exchange rate
independent will reduce
variables GDP by 0.55
(Exchange percent.
rate, FDI,
 The elasticity
capital stock).
of exchange
rate and gross
fixed capital
formation is
0.55 and 1.00
respectively.
 If a country is
developing, it
needs to import
large quantities
of raw
materials and
capital goods
for its
development.
  But naturally
its capacity to
exports will be
low. Thus,
demand for
foreign
exchange is
more that leads
to depreciation
of its exchange
rate and in this
way economic
growth will be
affected.
 If a country
(having no
debt burden)
currency
depreciates its
export will
become
cheaper and
hence export
will increase.

Ahmad, Arslan and Ahmad, Najid and Ali, Sharafat (2013), Exchange Rate and
Economic Growth in Pakistan (1975-2011), Retrieved from:
https://mpra.ub.uni-muenchen.de/49395/1/MPRA_paper_49395.pdf