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Table: 2 Logistic Regression Model for Reliability of Purchased Groundwater Findings indicate that larger and older farmers are more likely to own tube wells, and hence control groundwater supplies. Groundwater markets improve the access to groundwater for small farmers, landless tenants, and younger households. Although groundwater legally belongs to the owners of the overlying land, in practice it is owned by the owners of the tube wells. However, well owners do not charge full scarcity value for the water.

Table 1 2 Logistic Regression Model for Reliability of Purchased Groundwater Findings indicate that larger and older farmers are more likely to own tube wells, and hence control groundwater supplies. Groundwater markets improve the access to groundwater for small farmers, landless tenants, and younger households. Although groundwater legally belongs to the owners of the overlying land, in practice it is owned by the owners of the tube wells. However, well owners do not charge full scarcity value for the water.

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what society should produce and through what combination of production factor. There are two major markets in this sector: (1) production faction market, which includes raw material market, labour market, land and capital market. (2) Output market, with the business operators managing the utilization of production factors, and draw materials in order to produce goods and services as exemplified in agricultural and manufacturing productions. Source: Survey Data, Khushk & Slmith 1993
what society should produce and through what combination of production factor. There are two major markets in this sector: (1) production faction market, which includes raw material market, labour market, land and capital market. (2) Output market, with the business operators managing the utilization of production factors, and draw materials in order to produce goods and services as exemplified in agricultural and manufacturing productions. Source: Survey Data, Khushk & Slmith 1993
The Monetary system consists of the Central Bank and all institutions that create money, mainly commercial banks. Accordingly, data on monetary aggregates and other measurable indicators of the measures the Central Bank, the monetary authority of the country, has taken under its monetary management, are provided under monetary sector.
The Monetary system consists of the Central Bank and all institutions that create money, mainly commercial banks. Accordingly, data on monetary aggregates and other measurable indicators of the measures the Central Bank, the monetary authority of the country, has taken under its monetary management, are provided under monetary sector.
The level of financial deepening, in Pakistan, as measured by Cu/M2+, M1/GDP, M2/GDP and Cu/GDP improved between 2003 and 2008. Table 1 shows that M2/GDP ratios increased from 0.46 in 2003 to 0.48 in 2008. Similarly, the currency/GDP ratio improved by 3.7 percentage points over the same period, while the currency ratio (Currency/M2) declined by 4.2 percentage points for the same period. In Pakistan, Broad money (M2) is used as the intermediate target for monetary policy execution in Pakistan because it has linkages to the real, fiscal, and external sectors of the economy. For instance, external sector developments are reflected in changes in the net foreign assets (NFA) of the banking system while government borrowings from the banking system are indicative of the fiscal position. These interrelationships are captured in the monetary policy framework. Moreover, data on monetary aggregates are available relatively quickly. Thus, paying attention to monetary aggregates allows policy makers to form an informed view about the economy and take timely decisions regarding its policy stance.
The level of financial deepening, in Pakistan, as measured by Cu/M2+, M1/GDP, M2/GDP and Cu/GDP improved between 2003 and 2008. Table 1 shows that M2/GDP ratios increased from 0.46 in 2003 to 0.48 in 2008. Similarly, the currency/GDP ratio improved by 3.7 percentage points over the same period, while the currency ratio (Currency/M2) declined by 4.2 percentage points for the same period. In Pakistan, Broad money (M2) is used as the intermediate target for monetary policy execution in Pakistan because it has linkages to the real, fiscal, and external sectors of the economy. For instance, external sector developments are reflected in changes in the net foreign assets (NFA) of the banking system while government borrowings from the banking system are indicative of the fiscal position. These interrelationships are captured in the monetary policy framework. Moreover, data on monetary aggregates are available relatively quickly. Thus, paying attention to monetary aggregates allows policy makers to form an informed view about the economy and take timely decisions regarding its policy stance.
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