Time and frequency domain causality Testing: The causal linkages Revisited betweenFiscal Policy and Economic Growth in Pakistan
Journal of Contemporary Issues in Business and Government,
2021, Volume 27, Issue 6, Pages 936-945
10.47750/cibg.2021.27.06.080
Abstract
Research on the impact of fiscal policy is a dire need in today’s economic world. In thisinvestigation, fiscal policy effectson economic growth have been explored.In this analysis,the
researcher examined the relationships using the secondary data source for the 1972-2019 data
series by employing Auto-Regressive Distributed Lagged Model (ARDL) and frequency domain
causality Testing to investigate the causal linkages between Fiscal Policy and Economic Growth in
Pakistan. The variables have been used as the budget deficit and economic growth as the core
variables of theresearch and concluded the negative association between the fiscal policy (budget
Deficit) and economic growth
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