Journal of Contemporary Issues in Business and Government


Print ISSN: 2204-1990

Online ISSN: 1323-6903

Volume27, Issue3

Monetary Policy And Sectoral Value Added In Saarc Countries: A Panel Ardl Analysis

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 3, Pages 2225-2235
10.47750/cibg.2021.27.03.274

Abstract

Every country has two main demand management policies: monetary policy and fiscal policy. This study is an attempt to elucidate the relationship between monetary policy and sectoral value-added in SAARC countries over the period 1990-2020 by applying the panel ARDL technique.  The findings of the study suggest that monetary policy has a positive bearing on sectoral value-added in SAARC countries. Moreover, the study has suggested that monetary policymakers must devise the policy by focusing on sectoral growth.
Keywords:
Main Subjects:

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