1. Investigating
Co-integration In Per Capita Income
Of SAARC Countries
RESEARCH PROJECT II
May 2013
Advisor (Dr. M.I Subhani)

2. GROUP MEMBERS
Adnan Abdullah (12856)
Asad Alam (13498)
Ayman Shahzad (12947)
Hafiz Abdul Wahab (12754)
Hasham Tariq (12882)
Salahuddin Jumani (12672)

3. Introduction
Overview of the Study

4. • Problem Statement
• Hypothesis

5. Whether there is
Co-Integration
in Per Capita
income, or not?

6. Literature
review

7. RESEARCH METHODS
• Sample Size?
30 Years data of Per Capita Income of SAARC
countries
• Source of Information?
World Bank

8. RESEARCH METHODS
• Variables of the Study?
Dependent variable Per capita income of SAARC
Countries
• Statistical techniques
Augmented dickey fuller test is applied

9. • Trace Statistic Critical value
142.995 > 95.753
• Max-Eigen Statistic Critical value
47.900 > 40.077
RESULTS

10. Conclusion
The per capita incomes
of two SAARC
countries are not co-
integrated (Maldives &
Afghanistan)

11. Thank You