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Cointegration of Public Expenditure and GDP by Asim Iqbal is a document available to read on EtoBox.

This study empirically does not support the existence of Keynesian hypothesis both at aggregate and disaggregate levels in Pakistan. Results show that GDP only causes administrative expenditure while no causality found in development expenditures, debt servicing and defense expenditures. The nexus between public expenditure and national income has been the focus of many public finance studies both at theoretical and empirical levels.

Author

Asim Iqbal

Language

EN