Abstract
The objectives of this study are to explore the fluctuation of oil prices impact on manufacturing sector of Pakistan. To check the asymmetric effects of real effective exchange rate on manufacturing sector of Pakistan. We Examined the role of gross capital formation as well as labor force in manufacturing sector of Pakistan and also discussed the globalization relationship with manufacturing sector of Pakistan. This enabled us to recommend the helpful policy to enhance capacity of manufacturing sector of Pakistan. Data is taken from World Development Indicator (WDI) time gap takes from 1995 to 2017 and analyzed through ARDL approach. The results indicated that Impact of manufacturing is negative effect on gross capital formation and positive impact with other variables.
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