期刊名称：International Journal of Economics and Finance
印刷版ISSN：1916-971X
电子版ISSN：1916-9728
出版年度：2019
卷号：11
期号：1
页码：p1
DOI：10.5539/ijef.v11n1p1
语种：English
出版社：Canadian Center of Science and Education
摘要：This paper examines equilibrium relationships and dynamic causality analyses between economic growth and fiscal policy tools in Jordan for the (1978-2017) period.It employs autoregressive distributed lag and vector error correction models.The results suggest that there is evidence of a co-integration and causal relationships between economic growth and fiscal policy instruments.General government expenditures have long-run positive impact on economic growth, implying that general government expenditures improve economic growth.Moreover, total tax rates have long-run negative impact on economic growth, implying that a tax cut stimulates economic growth.These results are broadly consistent with similar studies carried out for other developing economies.
