연구정보
Macroeconomic Factors Affecting Budget Deficit in Pakistan: A Time Series Analysis
파키스탄 국외연구자료 기타 Ayesha Mushtaq, Khalid Zaman Oeconomics of Knowledge 발간일 : 2013-10-01 등록일 : 2016-05-12 원문링크
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.