Impact of Fiscal Deficit and Government Debt on Interest Rate in Pakistan
作者: Najia ShakirSami UllahSalim Ullah KhanMuhammad Qasim
作者单位: 1Department of Economics, University of Peshawar, Peshawar, Pakistan
2Department of Economics, University of Peshawar, Peshawar, Pakistan.
刊名: South Asian Journal of Social Studies and Economics, 2019, pp.1-17
来源数据库: SCIENCEDOMAIN international
DOI: 10.9734/sajsse/2019/v3i230101
关键词: Fiscal deficitGovernment debtGDP per capitaADFInterest
原始语种摘要: The current study was conducted in the year 2014 in Pakistan to investigate the impact of fiscal deficit and government debt on the interest rate. Data on selected macroeconomic variables like fiscal deficit, government debt, GDP per capita, money supply and volume of trade etc. from the year 1990 to 2012. The study also has tried to find out that how the interest rate in the country is affected by the government debt and fiscal deficit. Augmented Dickey-Fuller test was run to address the stationary issue in the data, and then Ordinary Least Square (OLS) model test was run to check the relationship among the variables. Two models were set in the study. In the first model, the relationship of GDP per capita, money supply, total debt servicing and volume of trade showed a significant...
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  • fiscal 财政的
  • Pakistan 巴基斯坦
  • money 金钱
  • inflation 膨胀
  • macroeconomic 宏观经济的
  • supply 供给
  • borrowing 借款
  • deficit 不足
  • trade 买卖
  • interest 兴趣