Abstract:
The research paper under review offers a broad theoretical
skeletonas to what extent privatization initiativesinfluence the
economic performance of Pakistan.The conceptual model has been
developed with utmost diligence which incorporates only those
relevant predictors that signify a close connection with the
dependant criterion.In the pre text of the topic under study,
privatization revenue generated by the Government is considered
as a moderating variable which establishes a noteworthy linkage
between the rest of predictors and the criterion variable. The
economic performance of Pakistan has been symbolically
represented by the GDP which is the only criterion coefficient.
The independent predictors are carefully scrutinized only to a
limited number so as to achieve realistic & more comprehensive
results by strictly confining to the scope of study. There are
multitudes of social implications also that are closely
associated with the privatization model; however, major segment
of our discussion & analysis will stay focused on investigating
the economic impacts of privatization strategy thereof.
Population of study is Pakistan; economic efficiency is the unit
of analysis while our sampling frame includes approximately 195
companies which have been privatized during various regimes of
Prime Minister Nawas sharif and shokat Aziz. The paper is
essentially a cross sectional study incorporating a specific
time and place thereforeour time frame window includes the
privatization revenue generated during 1991 – 2014.A broad
literature has been consulted to draw a comprehensive conceptual
model for study. The data regarding our predictors
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(Privatization revenue, health, education, CPI, FDI and gross
national savings) and the criterion (GDP) of the model has been
collected from the most reliable data bases on line i-e World
Bank statistics, OECD national accounts, International labor
organization (ILO), IMF, WHO, UNESCO, Ministry of finance &
Privatization commission of Pakistan etc. The results were drawn
by using the latest version of SPSS 20th edition, followed by
discussion on findings and hypothesis testing. The last chapter
comprises of the suitable recommendations, limitations of the
current study, suggestions for future research and conclusion.
