IDEAS home Printed from https://ideas.repec.org/a/src/jafeec/v7y2021i2p349-356.html
   My bibliography  Save this article

Revisiting the Dynamic Impact of Fiscal Policy on Inflation in Pakistan

Author

Listed:
  • Yasmin, Farrah
  • Urooge, Saima
  • Umair, Muhammad
  • Ali, Sher

Abstract

Purpose: The target of the present research study is to examine the Non-Ricardian regime and determination of inflation in an open economy taking the case of Pakistan. Design/Methodology/Approach: This research is carried out for the economy of Pakistan for the period of 1976–2019. To deal with the time series data we need to test the Stationarity of the data in advance to confirm the non-existence of the second I(2) of stationarity. For the purpose of stationarity testing this study used test Phillips Peron (PP) test. PP test results suggested the use of ARDL. Findings:&The results of ARDL reported that the intervention of the government has a very important and dominant role the determination of price level (Inflation) in an open economy. Implications/Originality/Value: The study has concluded that the government should focus on fiscal measure as well with the extensive use of monetary policy in coordination with fiscal policy to keep inflation in control in Pakistan.

Suggested Citation

  • Yasmin, Farrah & Urooge, Saima & Umair, Muhammad & Ali, Sher, 2021. "Revisiting the Dynamic Impact of Fiscal Policy on Inflation in Pakistan," Journal of Accounting and Finance in Emerging Economies, CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan, vol. 7(2), pages 349-356, June.
    • Handle: RePEc:src:jafeec:v:7:y:2021:i:2:p:349-356
    DOI: http://doi.org/10.26710/jafee.v7i2.1708
    as

    Download full text from publisher

    File URL: https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/1708/1132
    Download Restriction: no
    File URL: https://libkey.io/http://doi.org/10.26710/jafee.v7i2.1708?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ayza Shoukat & Muhammad Abdullah & Muzammal Rafique & Ghulam Muhammad Qamri, 2023. "Exploring the Link between Globalization and Inflation: Evidence from Pakistan," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 9(2), pages 155-161.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:src:jafeec:v:7:y:2021:i:2:p:349-356. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rabia Rasheed (email available below). General contact details of provider: https://edirc.repec.org/data/csrcmpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.