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Government Expenditure impact on the Economic Growth of Pakistan

Authors :
Sidra Shaukat
Aabru e Fatima
Muhammad Waseem
Muhammad Kamran Bhatti
Source :
Review of Economics and Development Studies. 9:27-36
Publication Year :
2023
Publisher :
South Punjab Center for Research and Development (SPCRD), 2023.

Abstract

The primary goal of this study is to inspect the Government Expenditure consequence on the Pakistan’s economy growth. For this intention study used data of annual time series from 1980 to 2020. The research-work utilized ADF Unit-Root Test that verify stationary data. And applied (OLS) technique to estimation the connection among the GDP and Govt Expenditure, Inflation, and GDP per capita. The estimation of the OLS method shows there is a positive and significant impact of Govt expenditure and GDP per capita on GDP. While; Inflation has a significantly negative influence on GDP of the country. This study propose that Fiscal Policy Expansionary can be utilized by the Govt to motivate the economic situation during the time of downturn.

Subjects

Subjects :
General Medicine

Details

ISSN :
25199706 and 25199692
Volume :
9
Database :
OpenAIRE
Journal :
Review of Economics and Development Studies
Accession number :
edsair.doi...........9186ef895e83b4f9d7ed50263e0a3efc
Full Text :
https://doi.org/10.47067/reads.v9i1.476