Impact of Expenditure on Economic Growth in Pakistan

Faqeer Muhammad, Tongsheng Xu and Rehmat Karim

International Journal of Academic Research in Business and Social Sciences, 2015, vol. 5, issue 2, 231-236

Abstract: This study aimed to find out the impact of expenditure on economic growth in Pakistan, using the time series data for the period 1972 to 2013. Secondary data was acquired from World Development indicators and Pakistan Bureau of Statistics. Augmented Dicky Fuller Test (ADF) test was applied to check the stationarirty of the data. Johansen Cointegration and Granger Causality tests were applied to empirically investigate the relationship between given variables (expenditure and economic growth) in Pakistan. The cointegration results indicated that there is no any relationship between expenditure and national income in the long run.

Keywords: Public Expenditure; Error Correction Mechanism; Wagner Law; Income; Causality (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://hrmars.com/hrmars_papers/Impact_of_Expendit ... wth_in_Pakistan1.pdf (application/pdf)
http://hrmars.com/hrmars_papers/Impact_of_Expendit ... wth_in_Pakistan1.pdf (text/html)

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:hur:ijarbs:v:5:y:2015:i:2:p:231-236

Access Statistics for this article

More articles in International Journal of Academic Research in Business and Social Sciences from Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences
Bibliographic data for series maintained by Hassan Danial Aslam ().