ISSN 1811-5446




Lahore School of Economics




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Abdul Saboor and

Zakir Hussain

The Dynamics of Rural Poverty in Pakistan: A Time Series Analysis


Imran Ashraf Toor

Child Laborís Link with Literacy and Poverty in Pakistan


Mete Feridun

Explaining Financial Crises in Emerging Markets:

A logit model on the Turkish data (1984-2001)


Mohammad Afzal

Demand and Supply of Exports in Pakistan __ A Disequilibrium Model


Umer Khalid, Lubna Shahnaz and Hajira Bibi

Determinants of Poverty in Pakistan: A Multinomial Logit Approach


Haroon Jamal and

Amir Jahan Khan

The Knowledge Divide:

Education Inequality in Pakistan


Mohammad Pervez Wasim

Milk Production Response in Pakistan


Javed Iqbal and Aziz Haider

Arbitrage Pricing Theory:

Evidence From An Emerging Stock Market



Javaid Iqbal Khan

Intra-Model Employment Elasticities (A Case Study of Pakistanís Small Ė Scale Manufacturing Sector)


Book Review:

Miguel Loureiro

Pakistan Under Musharraf: Economic Reform and Political Change

Volume 10, No.1


Jan-June, 2005



The Lahore School of Economics

The Lahore School of Economics (established 1993) is one of Pakistanís leading centres of learning for teaching and research in economics, finance and business administration. The Lahore School of Economicsí objectives include: (i). The training of young Pakistanis as professional economists, finance managers, accountants, financial analysts, bankers and business executives, and (ii). Undertaking research in economics, management, finance and banking to further deepen understanding of major economic facts, issues and policies.

The Lahore School was granted a Charter in January, 1997 by an Act of the Provincial Assembly of the Punjab: The Lahore School of Economics Act 1997 (Act II of 1997). The Charter vests the powers of an independent degree granting institution to The Lahore School.

The Lahore School has both undergraduate and graduate programmes in economics, business information systems and finance. Its postgraduate programme leading to the MPhil and PhD degree is administered through the Lahore Schoolís Centre for Advanced Research in Economics and Business (CAREB). The student body and faculty comprise both national and expatriate Pakistanis and The Lahore School encourages expatriate Pakistanis to join as students or as faculty.

The Lahore Schoolís publication programme comprises The Lahore Journal of Economics (a bi-annual publication), a Seminar Paper Series and a Text Book Series. The Programme encourages both in-house and external contributors.

For further information, please call (Pakistan 92-42-) 5714936 or 5874385 or E Mail: or Web page: