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Dergiler / Anadolu İktisat ve İşletme Dergisi / 2021 / Cilt: 5 - Sayı: 2

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

Ghulam SAJİD
Hajra HAFEEZ
Sayfa
115–133
Yayın Tarihi
2021-10-04
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

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.

📌 3 Maddede Bu Makale

🎯
Amaç & Hipotez: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.
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Temel Bulgular & Veri: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.
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Sonuç & Katkı: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.
🔬Tür:Modelleme & Sayısal Simülasyon
📍Kapsam:2020 Verileri
⚙️Değişkenler:National savings · Agricultural output · Fiscal deficit

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.

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Bu Makaleye Atıf Yap

SAJİD, G., HAFEEZ, H. (2021). Agricultural Output, Inflation Rate, Fiscal Deficit and National Savings Nexus: Evidence from Pakistan. Anadolu İktisat ve İşletme Dergisi, Cilt: 5 - Sayı: 2, 115–133. https://ajindex.com/articles/416592

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Kaynakça (12)

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