Macroeconomic Factors Affecting Budget Deficit in Pakistan: A Time Series Analysis

Ayesha Mushtaq and Khalid Zaman ()
Additional contact information
Ayesha Mushtaq: COMSATS Institute of Information Technology, Abbottabad, Pakistan

Oeconomics of Knowledge, 2013, vol. 5, issue 4, 17-33

Abstract: The objective of the study is to empirically investigate the relationship between budget deficit and macroeconomic factors i.e., financial development indicator, economic growth, changes in price level and real exchange rate, by using data from1980-2011 for Pakistan. The results reveal that there is a positive and significant relationship between real effective exchange rate and budget deficit on one hand, while economic growth and financial development indicator with reference to budget deficit on the other hand. Changes in price level have a significant and negative relationship with the budget deficit in Pakistan.

JEL-codes: E31 H68 O47 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://sites.google.com/site/oeconomicsofknowledg ... z.pdf?attredirects=0 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eok:journl:v:5:y:2013:i:4:p:17-33

Access Statistics for this article

Oeconomics of Knowledge is currently edited by Saphira Publishing House

More articles in Oeconomics of Knowledge from Saphira Publishing House
Bibliographic data for series maintained by Felician ALECU ().