Inflation, Economic Growth and Government Expenditure of Pakistan: 1980-2010

Muhammad Irfan Javaid Attari · Attiya Y. Javed

113 citations0/0 files storedProcedia Economics and Finance

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Fiscal Policy and Economic Growth Monetary Policy and Economic Impact Economic Growth and Fiscal Policies

Abstract

This study is going to explore the relationship among the rate of inflation, economic growth and government expenditure in case of Pakistan. In this study, the government expenditure has been disaggregated in to the government current expenditure and the government development expenditure. This investigation is made by using the time series data during the period 1980-2010. The econometrics tools like Augmented Dickey Fuller (ADF) unit root test, ARDL, Johansen cointegration and Granger-causality test are used to investigate such relationship. The results derived by applying these econometrics tools show that there is a long term relationship between rate of inflation, economic growth and government expenditure, it means the government expenditures yield positive externalities and linkages. In the short run, the rate of inflation does not affect the economic growth but government expenditures do so. The causality test results show that there is unidirectional causality between rate of inflation and economic growth and; economic growth and government expenditure.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 113 citations exist upstream.

References

1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root 1969Investigating Causal Relations by Econometric Models and Cross-spectral Methods 2001Bounds testing approaches to the analysis of level relationships 1988Testing for a Unit Root in Time Series Regression 1979Distribution of the Estimators for Autoregressive Time Series With a Unit Root 2012An Autoregressive Distributed-Lag Modelling Approach to Cointegration Analysis 1993The role of macroeconomic factors in growth 1996The composition of public expenditure and economic growth

Cited by

2022Government expenditure and economic growth: does the role of corruption control matter?2017Government expenditure, corruption and total factor productivity 2024Relationship among macroeconomic factors and stock prices: cointegration approach from the Indian stock market 2020Exploring asymmetric relationship between Islamic banking development and economic growth in Pakistan: Fresh evidence from a non‐linear ARDL approach 2022Impact of fiscal and monetary policy on inflation in Vietnam

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.