THE EXPORTS PERFORMANCE OF PAKISTAN: EVIDENCE FROM THE ARDLCOINTEGRATION ANALYSIS

The export performance is the most significant aspect to consider for the economic development of every country, even Pakistan. International trade, mainly export, is the main factor in boosting Pakistan's economic development. Therefore, this study finds a short-run & long-run association between export performance and Pakistan's export factors. This study used ARDL-Autoregressive Distributed lag and the data time series from FY1972 to FY 2021. The study has found a short-run and long-run association between factors of exports, including inflation rate, FDIs, exchange rate, GDP, interest rate, and export performance of Pakistan. The findings of the Granger causality check further discovered unidirectional causation between GDP and exports, FDI and exports, and real effective exchange rate & export performance in Pakistan on lag one. Similarly, on lag two, there is a one-way causal relationship between inflation rate and exports and two-way causation between export performance and FDI. Thus, from the results, it is acquainted that there must be much closer coordination with trading alliances to get sustainable export growth among countries.