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acres activity rate age groups agriculture analysis capita income census cent CM CM coefficient commodity components of money contraceptive cotton cropping Intensity currency in circulation decline demand deposits demand for money demographic developing countries Development Economics effect EFTA emigrant employment equation estimated explanatory variable exports factors family planning farm fertility higher household imports income velocity increase inflation rate INSTITUTE OF DEVELOPMENT interest rate ISLAMABAD Karachi Khan KN KN KN OJ labour force participation lagged land males marriage migration monetarist monetary money stock money supply mortality negative OJ OJ opportunity cost PAKISTAN INSTITUTE percent period PIDE productivity projections Punjab rate of inflation real per capita reported sample sectors statistically significant Status tariff TH TH trade Trade Creation Trade Diversion under-employment urban areas West Pakistan