Agricultural Output, Inflation Rate, Fiscal Deficit and National Savings Nexus: Evidence from Pakistan

Ghulam SAJİD; Hajra HAFEEZ

Makale detayları

Agricultural Output, Inflation Rate, Fiscal Deficit and National Savings Nexus: Evidence from Pakistan

Yazarlar:

Ghulam SAJİD | Hajra HAFEEZ

Yayıncı:

Seymur AĞAZADE

Ana Başlıklar:

Ekonomi ve Maliye

Dergi:

Anatolian Journal of Economics and Business 2021 Vol.5 Issue 2, pp.115-133

Belge Tipi:

Makale

Yayın Tarihi:

10/2021

Belge Dili:

İngilizce

Document ID (Org No.):

2000863376

Sıklık:

İki Yıllık

eISSN:

2602-2540

Anahtar kelimeler:

Özet:

 

The goal of the article is to investigate the effect of agricultural output, fiscal deficit and inflation rate on national savings in Pakistan for the period of 1973-2020. To address the objective, autoregressive distributed lag (ARDL) model and error correction model (ECM) are applied for co-integration and short-run dynamics respectively. The outcomes of the study endorse that agricultural output and rate of interest have a significant positive impact on national savings whereas inflation rate and fiscal deficit negatively affect national savings both in the short and long run. The coefficient’ sign of the lagged error correction term helps us to conclude that the system has potential to come back to equilibrium position with 69 % adjustment annually. It is recommended that effort should be made to improve the productivity of the agricultural sector and curtail deficit and inflation rate to increase savings in the country.

Makale detayları

Agricultural Output, Inflation Rate, Fiscal Deficit and National Savings Nexus: Evidence from Pakistan

Yazarlar:

Ghulam SAJİD | Hajra HAFEEZ

Yayıncı:

Seymur AĞAZADE

Ana Başlıklar:

Ekonomi ve Maliye

Dergi:

Anatolian Journal of Economics and Business 2021 Vol.5 Issue 2, pp.115-133

Belge Tipi:

Makale

Yayın Tarihi:

10/2021

Belge Dili:

İngilizce

Document ID (Org No.):

2000863376

Sıklık:

İki Yıllık

eISSN:

2602-2540

National savings

Agricultural output

Fiscal deficit

Inflation Rate

Sayı

Makale detayları

Agricultural Output, Inflation Rate, Fiscal Deficit and National Savings Nexus: Evidence from Pakistan

Yazarlar: Ghulam SAJİD | Hajra HAFEEZ

Yayıncı: Seymur AĞAZADE

Ana Başlıklar: Ekonomi ve Maliye

Dergi: Anatolian Journal of Economics and Business 2021 Vol.5 Issue 2, pp.115-133

Belge Tipi: Makale

Yayın Tarihi: 10/2021

Belge Dili: İngilizce

Document ID (Org No.): 2000863376

Sıklık: İki Yıllık

eISSN: 2602-2540

National savings

Agricultural output

Fiscal deficit

Inflation Rate

Sayı

Yazarlar:

Ghulam SAJİD | Hajra HAFEEZ

Yayıncı:

Seymur AĞAZADE

Ana Başlıklar:

Ekonomi ve Maliye

Dergi:

Anatolian Journal of Economics and Business 2021 Vol.5 Issue 2, pp.115-133

Belge Tipi:

Makale

Yayın Tarihi:

10/2021

Belge Dili:

İngilizce

Document ID (Org No.):

2000863376

Sıklık:

İki Yıllık

eISSN:

2602-2540