Browsing by Author "Abdul Jawwad"

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    Determinants of Fiscal Deficit A Case of Selected Asian Countries
    (UMT, Lahore, 2019) Abdul Jawwad
    This paper investigated the impact of important economic, political and institutional factors on fiscal deficit, in order to find the relationship between dependent and independent variables, andused FGLS regression analysis. The regression contains the period of 32 years series from 1985 to 2017 for 21 selected Asian countries. This study concludes that there is correlation between dependent and independent variables. Trade openness and government stability have insignificant impact on the fiscal balance, the relationship between trade openness and fiscal balance is found to be negative and also government stability have a negative relationship with the dependent variable. Beside these both variables, poverty, interest rate, polity and democratic accountability have significant impact on the fiscal balance. The relationship between interest rate and fiscal balance is found to be negative. There is a positive relationship between polity and fiscal balance, with an increase in the level of polity causes to increase the fiscal balance for the case of selected Asian countries.