Is Fiscal Policy Effective in Generating Higher Real Output? A Case of Pakistan

Authors

  • Hafiz Saqib Mehmood Najmi Lahore Leads University, Lahore
  • Farrukh Bashir The Islamia University of Bahawalpur, Pakistan Bahawalnagar Campus.
  • Saman Maqsood The Islamia University of Bahawalpur, Pakistan Bahawalnagar Campus.

DOI:

https://doi.org/10.52131/pjhss.2013.0102.0004

Keywords:

Government Expenditure, Government Revenue, Real GDP, GDP Deflator, Investment

Abstract

Keeping in view the objective that is to observe the usefulness of fiscal policy on real GDP of Pakistan, the study collects time series data from 1976 to 2012 through reliable sources of statistical bureaus of Pakistan. Using Johansen Cointegration test, the long run results demonstrate investment and government expenditure as raising factor for real GDP of Pakistan while GDP Deflator and government revenue as de-motivating factor for real GDP of Pakistan in the long run.

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Author Biographies

Hafiz Saqib Mehmood Najmi, Lahore Leads University, Lahore

M. Phil. Scholar of Economics,

Farrukh Bashir, The Islamia University of Bahawalpur, Pakistan Bahawalnagar Campus.

Department of Economics

Saman Maqsood, The Islamia University of Bahawalpur, Pakistan Bahawalnagar Campus.

M. Sc. Scholar of Economics.

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Published

2013-12-31

How to Cite

Najmi, H. S. M., Bashir, F., & Maqsood, S. (2013). Is Fiscal Policy Effective in Generating Higher Real Output? A Case of Pakistan. Pakistan Journal of Humanities and Social Sciences, 1(2), 47–58. https://doi.org/10.52131/pjhss.2013.0102.0004

Issue

Vol. 1 No. 2 (2013)

Section

Articles