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Spatial Spillover Effects of Regional Development Policies on Pakistan's Economic Growth: A Cross-Panel Analysis of Asian Economies

Year: 2025

Type: article

Abstract: This study investigates the spatial spillover effects of regional development policies on Pakistan's economic growth through a cross-panel data analysis of Asian economies. Using annual data from 2000-2023, the study examine how India's industrial pollution, China's Belt and Road infrastructure investment, Saudi Arabia's remittances, Malaysia's high-tech exports, and Indonesia's environmental degradation influence Pakistan's GDP per capita growth. Results reveal significant positive spill over from India's CO2 emissions (14% GDP impact) and China's FDI (17% GDP impact), confirming the importance of regional economic integration. However, remittances demonstrate negative effects due to Dutch Disease phenomena, while technology transfers and environmental factors show insignificant impacts. The model underscores the critical role of spatial interdependencies in shaping Pakistan's economic trajectory.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.15504631

Authors: Ghaffar, Abdul, Malik, Khuram Navid Hasan, Munir, Saqib, Rehman, Muhammad Saffiur, Sabir, Hafiz Usman

Institutions: University of Haripur, COMSATS University Islamabad, National University of Sciences and Technology, National University of Modern Languages, Qurtuba University of Science and Information Technology

Language: English

Topic: Energy, Environment, Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

OpenAlex ID: W6949445025

FWCI: 0.947

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Cited by: 1

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