Dr. Azam Chaudhry is Professor of Economics and the Dean of the Faculty of
Economics at the Lahore School. He has a B.Sc. (Hons.) in Economics from the
London School of Economics (UK) where he specialized in Monetary Economics,
Econometrics and Corporate Finance and a M.A. and PhD in Economics from Brown
University (USA) where he specialized in theoretical and empirical
teaches undergraduate and graduate Econometrics and Macroeconomics at the Lahore
School and his research interests include Innovation and Technological Change,
Institutional Economics, Economic Growth and Development, Behavioral Economics,
Economic and Social Networks, Political Economy and Industrial Organization.
His publications include:
“Closed-form Solutions for the Lucas-Uzawa Growth Model with Logarithmic Utility
Preferences via the Partial Hamiltonian Approach,” with R. Naz in Discrete and
Continuous Dynamical Systems Series S, forthcoming.
“Organizational Barriers to Technology Adoption: Evidence from Soccer-Ball
Producers in Pakistan,” with David Atkin, Shamyla Chaudry, Amit K. Khandelwal
and Eric Verhoogen, Quarterly Journal of Economics, 2017.
“Comparison of Closed-Form Solutions for the Lucas-Uzawa Model via the Partial
Hamiltonian Approach and the Classical Approach,” with R. Naz in Mathematical
Modelling and Analysis, 2017.
"Pakistan's Experience with the Pak-China Free Trade Agreement: Lessons for
CPEC," with Theresa Chaudhry and Nida Jamil) in the Lahore Journal of Economics,
Vol. 22, SE, 2017.
“On the Origins and Development of Pakistan’s Soccer-Ball Cluster,” with David
Atkin, Shamyla Chaudry, Amit K. Khandelwal and Eric Verhoogen, World Bank
Economic Review, 2016.
“Closed-form solutions for the Lucas –Uzawa model of economic growth via the
partial Hamiltonian approach,” with R. Naz and F. M. Mahomed, Communications in
Nonlinear Science and Numerical Simulation, 2016.
“A partial Lagrangian method for dynamical systems”, with R. Naz and F. M.
Mahomed, Nonlinear Dynamics, 2016.
"Does genetic proximity to high growth countries affect a country's own growth?"
with Rabia Ikram, Economic Modelling, 2016.
”A Panel Data Analysis of Electricity Demand in the Pakistani Industrial
Sector,” Energy Sources Part B: Economics, Planning and Policy, 2016.
“Innovation in the Textiles Sector: A Firm-Level Analysis of Technological and
Nontechnological Innovation,” with Waqar Wadho in the Lahore Journal of
Economics, Vol. 21, SE, 2016.
“Markup and Cost Dispersion across Firms: Direct Evidence from Producer Surveys
in Pakistan,” with David Atkin, Shamyla Chaudry, Amit K. Khandelwal and Eric
Verhoogen, American Economic Review, Papers and Proceedings, 2015.
“The effects of external migration on enrolments, accumulated schooling and
dropouts in Punjab,” with Rabia Arif in Applied Economics, 2015.
“A Partial Hamiltonian Approach for Current Value Hamiltonian Systems,” with R.
Naz and F. M. Mahomed in Communications in Nonlinear Science and Numerical
“Beyond the Poverty Line: A Multi-dimensional Analysis of Poverty in Pakistan,”
with Theresa Chaudhry, Muhammad Haseeb, and Uzma Afzal, in Rashid Amjad and
Shahid Javed Burki (ed.) Pakistan: Moving the Economy Forward, Cambridge
University Press, 2015.
“The Need for a Coordinated Industrial Strategy to Boost Pakistani Exports:
Lessons from Asia,” with Gul Andaman, Lahore Journal of Economics, Vol. 19, SE,
“Patronage in Rural Punjab: Evidence from a New Household Survey Dataset,” with
Kate Vyborny, Lahore Journal of Economics, Vol. 18, SE, 2013.
"A structural V AR analysis of the impact of macroeconomic shocks on Pakistan's
textile exports," Economic Modelling, 2013.
"The Political Economy of Income Comparisons and Economic Growth," Economic
Modelling, Vol. 31,214-222, 20l3.
“The Birth of Exporters: Entry and Scale of Firms in Punjab’s Export Sectors,”
with Marjan Nasir and Maryiam Haroon, in Lahore Journal of Economics, Vol. 17,
“Tariffs, Trade and Growth: Do Institutions Matter?” Lahore Journal of
Economics, Vol. 16, 2, 2011.
“A Panel Data Analysis of Electricity Demand in Pakistan,” Lahore Journal of
Economics, Special Edition, Vol. 15 SE, 2010.
“Total Factor Productivity Growth in Pakistan: An Analysis of the Agricultural
and Manufacturing Sectors,” Lahore Journal of Economics, Special Edition, Vol.
14 SE, 2009.
“The Effects of Rising Food and Fuel Costs on Poverty in Pakistan,” with Theresa
Thompson Chaudhry, Lahore Journal of Economics, Special Edition 2008.
“Do Governments Suppress Growth? Institutions, Rent-Seeking and Innovation
Blocking in a Model of Schumpeterian Growth,” with Phillip Garner, Economics and
“Political Competition Between Countries and Economic Growth,” with Phillip
Garner, Review of Development Economics, 2006.
“Corruption and Trade Liberalization: Has the World Bank Anti-Corruption
Initiative Worked?” Lahore Journal of Economics, Vol. 10, 2, 2005.
“Survey of IFC Firms on Local MBA Quality,” World Bank Policy Research Working
Paper Number 3182, World Bank, Washington D.C., 2004.
“Does Institutional Quality Affect the Success of Privatization Policies in
Developing Countries?” with Phillip Garner, Manuscript, Brigham Young
“Procurement and the World Bank’s Anti-Corruption Initiatives,” Operations
Evaluation Department Working Paper, World Bank, Washington D.C., 2000.
“A Review of the Country Assistance Strategies and FY98 Lending for the World
Bank’s Anti-Corruption Strategy,” Operations Evaluation Department Working
Paper, World Bank, Washington D.C., 1998.
His current research includes:
Measuring the Barriers to Industrial Upgrading using Evidence from Pakistan with
David Atkin, MIT, Amit K. Khandelwal, Columbia Graduate School of Business and
Eric Verhoogen, Columbia University.
Measuring Innovation in the Textile Sector of Pakistan with Waqar Wadho, Lahore
School of Economics. Benchmarking of Productivity in Pakistan’s Readymade
Garment Sector with Theresa Chaudhry, Lahore School of Economics.
Developing an Optimal Industrial Strategy in the Context of the China Pakistan
Economic Corridor (CPEC) with Theresa Chaudhry, Lahore School of Economics,
Maryiam Haroon, Lahore School of Economics and Nida Jamil, Lahore School of
Impact assessment of start-up loans to female run micro-enterprises with Farah
Said, Lahore School of Economics, Naved Hamid, Lahore School of Economics, and
Mahreen Mahmud, Oxford University.
Network Centrality Affects Electoral Politics in Pakistan with Mahnoor Asif,
Lahore School of Economics.
Measuring the effects of agglomeration on new firms in Punjab with Maryiam
Haroon, Lahore School of Economics.
Spillovers in technology adoption: evidence from a randomized experiment in
Pakistan with David Atkin, MIT, Amit K. Khandelwal, Columbia Graduate School of
Business and Eric Verhoogen, Columbia University.
Patron-client relations in rural Punjab with Kate Vyborny, Duke University.
His recent research grants include:
August 2014, • International Growth Center (DFID) for Research on Measuring
Innovation in the Textile Sector.
2014, • Private Enterprise Development in Low Income Countries (PEDL) for
Research on Barriers to Industrial Upgrading.
September 2010, • Open Society Institute Grant for Social Choice and Network
2011, • International Growth Center (DFID) Project Grant for Research on
Technology Spillovers in Pakistani Manufacturing Sector.
August 2011, • British Academy Grant for Research on Patron Client Relations in
His other responsibilities include:
Director, Technology Management and Innovation Centre, Lahore School of
Head, Quality Assurance Cell, Lahore School of Economics.
Editor, Lahore Journal of Economics.
Member of the Senate, Pakistan Institute of Development Economics, Islamabad,
Member of the Board, Punjab Innovation Development Fund, Government of the
Chair, Economic Cluster on SDGs, Government of the Punjab.
Research Affiliate, International Growth Centre, DFID, UK.
Research Supervisor (MPHIL and PhD)