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Short Run and Long Run Effects of Inflation and Government Expenditure on Economic Growth in Iran
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Hassan GolMoradi *   , Sajad Anjomshoaa |
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Abstract: (8072 Views) |
| This Study Is Going to Explore the Short Run And Long Run Effects of Inflation And Government Expenditure On Economic Growth In Iran By Using ARDL Model And Granger Causality Test During The Period 1358-1389. The results show that there is a long term relationship between Inflation rate, economic growth and government expenditure it means the government expenditures Has a positive externalities yield in Iran. In the short run and long run, the rate of inflation does not have a Positive effect on the economic growth but government expenditures do So. The causality test results show that there is unidirectional causality between Inflation rate and economic growth, and between economic growth and government Expenditure. |
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| Keywords: Inflation, Government Expenditure, Economic Growth, ARDL Model. |
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Full-Text [PDF 414 kb]
(6280 Downloads)
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Type of Study: Applicable |
Subject:
Special
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